One of the friend of mine noted that July 2008 auto sales have been no better than they were in June 2008
One of the friend of mine noted that July 2008 auto sales have been no better than they were in June 2008, when they plummeted down at lest for 50 %. The first half of the year was the worst sales level in Southern Africa in 5 years, and used car sales for the year are off for at least half. The event was held just days before One of a vehicle manufacturer is expected to post significant 2nd quarter losses and further restructuring of its unprofitable. He has said it will bring fuel-efficient models from Europe.
He also delayed addition of a third shift. Dealers have lost a degree of independence, says my fried. And a risk finance may increasingly come under the direct control of manufacturers, finance houses with their objective of selling their own cars, and banks and building societies where the agenda is lending finance rather than tailoring a loan to satisfy a would-be car buyer’s exact requirements.
He says at 4×4 in Namibia, used-car sales clerk noted that he has three SUVs headed to Namibia this month. Sales manager said the dealership had exported about one car a month, but this year, they average roughly 10. And he also said that nationally, its overseas shipments were up slightly, but not in double digits. It did not disclose specific figures.