Galves Market Conditions Report – August 2012

Galves_Dan2

Dan Galves
Edi­tor
Galves Auto Price List

Click here to read com­plete Galves Mar­ket Con­di­tions report

Should be no sur­prise that we are in the midst of pret­ty steep and per­va­sive mar­ket decline; See decline as being dri­ven large­ly by lack of retail traf­fic; While this is not an unusu­al sum­mer­time expe­ri­ence, this sum­mer is par­tic­u­lar­ly bereft of live bod­ies walk­ing into show­rooms.

Eco­nom­ic Fac­tors Dri­ving Con­sumers to Keep their Cars:
Declin­ing mar­ket more severe than in past cou­ple of years, and should con­tin­ue a while.

Very Late Mod­els and Lux­u­ry Units Hard­est Hit:
Weak­er new vehi­cle sales and increased new vehi­cle sup­ply have begun to raise specter of increased man­u­fac­tur­er incen­tives.

There Seems to Be Rea­son­able Num­ber of Deal­ers in Lanes:
But are ultra-selec­tive about what they chase – will buy ordi­nary vehi­cles but only at their price.

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