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automakersCNBC
•Technology
Technology
84% Informative
Some automakers are trying to capitalize on the moment amid the tariffs, analysts say.
Ford and Stellantis are offering employee-pricing programs, while Hyundai says it will not raise prices for at least two months .
Automakers view the actions as a way to get vehicles off their lots and maintain or increase sales amid uncertain market conditions.
J.P. Morgan on Friday raised its odds for a U.S. and global recession from a 40% chance to 60% chance by the end of the year . "Because the demand is there right now, it makes sense [to offer consumer incentives] because everyone's saying, 'Gotta go get it now,' might as well go ahead and reap the benefits now in case we do go into a recession," Keating said..
VR Score
87
Informative language
86
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82
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English
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3
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2
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