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.
Huh…leave it to a Libertarian to dig deep into history to find some root causes of troubles in the auto business. Then, to extrapolate current “solutions” into yet deeper problems going forward. Read on: http://libertyunbound.com/article.php?id=445
Paying loans back early! Or at least starting to think about it. This is good news. http://money.cnn.com/2009/12/15/news/companies/gm_repayment/index.htm Let’s just hope they’re not depending on selling lots of $40,000 Volts to pay the rest back. How about selling a few hundred [...]
Each of us here at VRCG have had close friends, or business acquaintances, lose their dealerships to shortsighted “planning” on the part of the domestic manufacturers. Although any “fix” is too late for many, it looks like there could be [...]
A few analysts have been getting “bullish” on the rental car industry. BTW, have you seen what happend to stock prices of the public rental car companies in the last eight months? Read on: http://www.capmarkets.com/ViewFile.asp?ID1=321053&ID2=342062717&ssid=2&directory=10954&bm=0&filename=MKM_Agnew_AR_11_16_09.pdf
Good news….Ford made some money for the first time in a long while: http://money.cnn.com/2009/11/02/news/companies/ford_results/index.htm?postversion=2009110211 …..now, let’s see if they can continue to make progress against a US Government subsidized GM and Chrysler, and let’s pray that the unions don’t [...]