Pursuits
Mercedes $3,900 Discounts Signal Germany Joins Downturn: Cars
This article is for subscribers only.
Germany, which had bucked the decline this year in Europe’s auto market, is succumbing to the economic downturn, prompting car companies to increase incentives to a two-year high.
Deals include a 3,000-euro ($3,900) trade-in incentive for Daimler AG’s Mercedes-Benz, equaling the price cut Renault SA is offering for the Megane, according to the automakers’ German websites. Reductions at General Motors Co.’s Opel unit and Ford Motor Co. exceed 3,500 euros on compact cars.