Chrysler to offer cash incentives to buyers

May 5, 2009 4:13:51 PM PDT
A financially troubled U.S. automaker plans to offer new incentives for car buyers. There are reports Chrysler's new sales program offers dealers cash incentives. That will help dealers off set price reductions... So they can negotiate discounts with customers.

Chrysler filed for bankruptcy protection last week. Its sales were down 48 percent last month.