VRCG knows all about the business of stocking your used car lot with inventory from turn-in and off-lease vehicles. We also know the ins and outs of the industry at large. This is why our professionals will be sharing their insights with you over the coming months utilizing the VRCG blog. Check back frequently, share your thoughts and ideas, and please tell us if there’s anything you’d like to know more about.
I’ve always been up front with our readers about my “home town slant”, as I live and work in Metro Detroit. As we approach the elections, and the “leaders” of all parties continue to promise a few chickens in every [...]
There’s been a chorus of articles in the last few days about a potential merger/absorption/call it what you will between GM and Chrysler. Just today, courtesy of NADA Headlines, we read: DETROIT – Chrysler LLC Chief Executive Bob Nardelli said [...]
Three months ago we rarely read about the threat of bankruptcy in one of the Detroit-based Big Three. But, just read the last couple of paragraphs of this article… http://money.cnn.com/2008/10/14/news/companies/gmwoes_taylor.fortune/index.htm?postversion=2008101509 …and not only does this article join many others in [...]
This isn’t about the car business specifically, but the below article is well-written, provides good historical perspective on what’s been going on in the financial markets. I hope you take a moment to take a breath, and read it. http://money.cnn.com/2008/10/10/pf/minds_over_money.moneymag/index.htm?postversion=2008101010
Being a home-town Detroit guy, it’s tough to see this headline… http://money.cnn.com/2008/10/09/autos/jdpa_sales_down/index.htm?postversion=2008100913 …but let’s just hope that the fledgling “recovery” we’re seeing this morning has a long run. Most worrisome for us is the clamp down on lending that’s pervading [...]