Ford is banking on its early Black Friday sale to move cars and boost revenue
Ford is banking on its early Black Friday sale to move cars and boost revenue
Ford has launched its Black Friday sales early. The automaker is looking to recuperate from a 12 percent slump in sales in October. Deals and incentives for those in the market for a new vehicle include low APR financing and $1,000 cash back on various 2016 and 2017 models in an effort to get those cars out of inventory. Matt Stover, an auto industry analyst with SIG, said after about 60 days from delivery, dealers have to start paying interest on the cars in their lots to the manufacturers.
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