In every respect it's a good time to buy. Dealers are selling the current model year and they tend to accept less profit on a car in order to move it. |
It may or may not be. It's a good initial step to do it (cut inventories). I commend them for taking this early action rather than letting it drag out. |
The point is inventories are building over the ideal 60-day marks. They've maybe reached a point where the market is getting saturated. |
There's been no stopping trucks. We don't see any evidence that oil prices are slowing car or truck sales. |
Toyota and Honda are certainly on a hot streak this year as well as the Europeans. |