What will happen to Big 3 after "cash for clunker" expires?
- Thread starter turkeyneck
- Start date
Biggest Beneficiary Of Cash For Clunkers To Cut Capacity By 10%
http://www.zerohedge.com/article/biggest-beneficiary-cash-clunkers-cut-capacity-10
http://www.zerohedge.com/article/biggest-beneficiary-cash-clunkers-cut-capacity-10
10% may not be anywhere near enough if they want to avoid massive inventory builds again.
The Big 3 are going to end up with sluggish sales once these clunker sales are done.
Was at a tire shop this week. The owner said he hasn't been selling many tires, and people are just patching them for as long as they can get them to last.