May 01 2008

Used-Car Prices Coming Down Quickly! but bottom in Prices Unlikely until early 2009!

Tag: Auto Manufacturers, Consumers, DaimlerChrysler, GMRobert Lamb @ 9:08 am

globalautoreport.JPG Rising Lease Expiries Lift Supply, While Higher Unemployment Reduces Demand!

The Scotiabank Group - has just released it’s “Global Auto Report” by Carlos Gomes.  The Gazette picked it up, but the National POST appears to have missed it!   2008-05-01bns_auto.pdf     2008-05-01gazette.pdf 

Looks like you might want to really check out the prices before you jump! 

Chrysler also Just Lowered prices! 2008-05-01nationalpost.pdf 

And GM Lost $3.2 Billion!  2008-05-01nationalpost2.pdf 


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