AD #2071 – Glut of New and Used Cars, Toyota’s Big Apple Debuts, Custom Citroen DS’s

published 1 year ago by John McElroy

- Glut of New and Used Cars - Small Is Not So Beautiful - Toyota’s Big Apple Debuts - Custom Citroen DS’s - Bolt Sells Out In Hours in South Korea - Peugeot Creates Food Truck

On today's show Chevy bull Evey sells out in Korea in a matter of hours BMW may stop making small cars and Peugeot makes a food truck on that and more coming right up. Online daily. This is online daily to show for enthusiasts of the automotive industry. So many cars are coming off lease right now in the American market that there's a glut of used cars and prices are starting to follow the national automobile dealers association's used car guide index declined 3.8 percent in February the steepest decline since the early days of the Great Recession. Worse there's a glut of new cars as inventory start to pile up and all this could hurt the finance arms of the auto makers. When a car company leases a car it enters it on its books as an **** ...

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