Automotive world in meltdown

[Mega]

They (Car producers) are screeming for a bale out & "Cash 4 cluckers" ........sadly their feedback from the public is:-

A. We no money & we might be sacked next week so a new car is not required thank you
B. If we were buying a new one we want an EV not an ICE......

So, they in deep shit & what is on its way from China?

Nice cheap price or lease deal.......
Mike

[shiny!]

Re: Automotive world in meltdown

Hertz just declared bankruptcy. They're selling off their fleet. If anyone wants a low-mileage car for cheap, this might be the first of many good opportunities.

[Mega]

Re: Automotive world in meltdown

Flood of bankruptcy/ Repo's..........

Mike

[Mega]

Re: Automotive world in meltdown

Sort of reminds me of a VW Passat/Ford LTD Or something Chevy-ish.

[Mega]

Re: Automotive world in meltdown

[jk]

Re: Automotive world in meltdown

around late july the hertz bankruptcy will drop up to 400,000 cars into the used car market. used cars prices have already been dropping, e.g. auction values were down 12% in april from march levels.

[Mega]

Re: Automotive world in meltdown

Could be worse...........