Chrysler head sees incentives coming down in Q4

Newswire

FRANKFURT, July 27 (Reuters) - The head of DaimlerChrysler's U.S. arm Chrysler said on Thursday he expects margin-eroding sales incentives to start declining in the fourth quarter as production cuts reduce inventories and it launches new models. "We believe they will stay stable and more importantly in the fourth quarter we will see them coming down based on the new launches," Chrysler division head Tom LaSorda told a conference call. "The (production) cuts we are looking at are ...

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