Bill Seltenheim
Bill Seltenheim
building ideal market maybe point reached
The point is inventories are building over the ideal 60-day marks. They've maybe reached a point where the market is getting saturated.
certainly honda hot streak toyota year
Toyota and Honda are certainly on a hot streak this year as well as the Europeans.
car evidence oil prices slowing stopping truck
There's been no stopping trucks. We don't see any evidence that oil prices are slowing car or truck sales.
action commend drag early good initial letting rather step taking
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.
accept car current good less model move order profit respect selling tend time year
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.