[dynachrome]

How about this for a partial solution to draw down inventory:

Sell the cars at very low , give away prices, $5000 dollars?

“Brand new as is”. No warranty, no bells and whistles like free oil changes. First customers get the pick of accesory laden ones. It breaks, you have to pay to fix it.

(a lot of cheap used cars on the market piling up then, I guess.)

[Greysard]

Sell the cars at very low , give away prices, $5000 dollars?

It will sell a few. However it will also cause problems:

1. They can be [rightly] accused of dumping.
2. They undermine their own base price, and it will be real hard later to raise the prices to where they used to be.
3. They take the loss right away, as opposed to having unsold inventory that is priced at $20K or so. It may be not sold for years, but if you stop production you may be able to live off of that stock and incur no expenses, as opposed to selling below the cost.
4. Many potential buyers really don't need a new car. I bought mine in June of 2005, and there is not a thing wrong with it. I only might consider upgrading to a new car if someone pays me $5-8K in fairy gold.