The Automobile Business Is Close To —How To Make A Lot Of Money In The Car Industry
How to make money in the automotive industryWhen it comes to investing in automobiles, opinion tends to be divided down two lines: either that each and every automobile is nothing but a sinkhole for you to pour your cash into, or that every single remotely cool auto will appreciate like crazy given sufficient time. In 2012, the greatest deals fell in December, but they’ve swung extensively in the years considering that the Excellent Recession, according to data from The biggest incentives fell in February (2011), March (2010 and 2009) and September (2008) July (2005, 2006 and 2007 as dealers struggled to get rid of old models). Final year was a return to normalcy right after a number of turbulent years, Caldwell says. In 2011, the earthquake and tsunami in Japan disrupted imports of foreign cars and damaged U.S. auto plants and, in 2009, Chrysler and GM filed for Chapter 11 …
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