Chrysler had introduced earlier this month an incentive program of its own that dovetailed with the government’s “Cash for Clunkers” incentive. The automaker added a rebate of $4,500 over and above offered from the CARS program. This gave certain consumers a a total of $9,000 to buy a Chrysler. Now that’s one heck of an incentive!
Well, Chrysler has dropped its incentive program because dealers are running out of cars. According to the Wall Street Journal, Chrysler dealers are suffering with low inventory because the beleaguered manufacturer had cut production and shut down some factories over a fairly long period of time.
Our take? Oops.
Well leave it to Chrysler to finally get a break, even though going through bankruptcy and new owner really isn’t the biggest brake, and not have enough cars for people to buy. It’s amazing how faith keeps running against it. Let’s hope they can work out a plan in order to retain there customers and not walk to a closer dealership of a competitor and use the CARS money there instead.