Interesting article on the car industry; American Honda praised

Thread Tools
 
Search this Thread
 
Old 10-03-2003, 05:29 PM
  #1  
Drifting
Thread Starter
 
Jason's Avatar
 
Join Date: Jul 2003
Location: Chicago
Age: 50
Posts: 3,377
Likes: 0
Received 1 Like on 1 Post
Interesting article on the car industry; American Honda praised

http://www.autoweek.com/cat_content...._code=05876395
Old 10-03-2003, 05:41 PM
  #2  
such a dirty birdy
 
majormojo's Avatar
 
Join Date: Aug 2003
Location: Canada, eh?
Posts: 1,868
Likes: 0
Received 0 Likes on 0 Posts
The article mentions a relationship between selling cars to rental companies and low residual values. Can someone explain that? Is it just a supply and demand thing and selling to rental companies has the effect of flooding the used car market?
Old 10-03-2003, 06:10 PM
  #3  
Drifting
Thread Starter
 
Jason's Avatar
 
Join Date: Jul 2003
Location: Chicago
Age: 50
Posts: 3,377
Likes: 0
Received 1 Like on 1 Post
Originally posted by majormojo
Is it just a supply and demand thing and selling to rental companies has the effect of flooding the used car market?
Exactly. That and probably the brand prestige takes a hit.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
peti1212
ILX
22
01-05-2022 05:14 PM
Yumcha
Automotive News
9
02-25-2020 09:57 AM



Quick Reply: Interesting article on the car industry; American Honda praised



All times are GMT -5. The time now is 02:46 PM.