Mike Colias
speaker
140 appearances
2 recordings
1 series
first heard Aug 2017
last heard Aug 2021
Mike Colias’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
I mean, GM's come out with several of those.
Chrysler has as well.
All the Asian...
Right, because those are in fairly high demand.
But, you know, if you want a really nice sedan, this is definitely the time to buy.
I mean, one silver lining in terms of the health of the automakers, though, is that we've seen these discounts rise to a certain level that is as high as we've seen in years.
But the last few months, they've not gone beyond that, even with volumes falling.
So it seems like people are looking around, the automakers are looking around and saying, okay, guys –
You know, let's not start a price war here.
This is still a pretty good market.
Sales volumes are still pretty high.
Let's not go crazy with incentives to try to protect our market share because that's going to hurt everyone's profitability overall.
And you didn't really always see that in the past during cyclical downturns.
Yeah, I think so.
I mean, I think it looks like these incentive levels are going to moderate.
But they may not if we don't see those inventories start to go down because that's going to be a problem because I think they –
The two things that car makers can do if volumes are falling is, one, they can put discounts on cars to get more people in showrooms.
The second thing they do, which is not what they want, is to cut production.
We've already seen some of that, and I don't think the automakers want to do much more of that.
So we could see those incentives stay pretty high through the rest of the year with inventory levels where they are now.
Showing 121–140 of 140 · page 7 of 7
← Previous