Month: October 2004

Total 7 Posts

In the News: Overproduction in Detroit

On page one of the October 29th, 2004 Wall Street Journal there was an article titles “Big Dealers Pressure Car Makers To Cut Production: Higher Costs, Thinner Margins Are Forcing Major Sellers to Keep their Inventories Lean”. It seems the Detroit automakers’ strategy of offering large rebates and no interest

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