Big month for car sales

Toyota was up 41 percent in March, Ford 40 percent, GM 21 percent (Buick sales jumped 76 percent). A raft of incentives, by Toyota as well as the others, obviously helped push deals, though everyone admits it's a questionable strategy - a little like department stores using huge markdowns to bring in customers. GM, for one, says it's trying to cool it with the incentives. "We've been down that road before and we know it's a dead end," said Susan Docherty, GM's VP for U.S. marketing. (NYT)


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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