|
HIGH GASOLINE PRICES PRESSURING USED SUV VALUES:
High gasoline prices have not only been unkind to consumers' wallets, but may also take a bite out of automakers' profits as the value of used large SUVs suffers. The value of used large SUVs has been falling the last few years and the decline has picked up speed as gasoline prices have spiked, analysts said. More worrisome, however, are the vehicles coming off lease and the potential losses for automakers, especially General Motors and Ford Motor Co. Auto News <http://www.autonews.com/news.cms?newsId=13427>
Financial Services
|
|
