It seems that we were right. Automakers are now offering the most discounts on record to entice deadbeat consumers in November, according to a new report from JD Power.

The average incentive spending per vehicle is $4,538, an increase of 12% YoY. The previous high for the industry was $4,378 in 4Q17.

https://www.zerohedge.com/markets/automakers-offer-record-incentive-spending-trillion-dollar-auto-bubble-becomes