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With car prices lingering near record highs, incentives have become an important tool for manufacturers and dealers to bring in more customers who have been priced out of the competitive new car ...
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
The following list of Audi vehicles, including past and present production models, as well as concept vehicles and limited editions. The current era of Audi production dates to 1968, when present-day owner Volkswagen Group , which had purchased Auto Union from Mercedes-Benz in 1965, debuted the first modern Audi-branded vehicles.
A rollback could disrupt production plans and make it harder for the U.S. to compete with countries like China, which is aggressively expanding its EV market through government incentives and support.
VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
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related to: audi dealer incentives and holdbacks