The New and Used Car Markets: Where Are They Headed? Web Seminar

Venue: Wen Seminar - NY

Location: New York, United States

Event Date/Time: Jun 28, 2005 End Date/Time: Jun 28, 2005
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Description

Although the economy is growing, retail new vehicle sales are stalled and automakers are unable to offset rising costs with price increases. Instead, new-car incentives are needed to maintain demand of close to 17 million. There is some evidence that even sky-high incentives are losing their effectiveness in bringing in shoppers, especially for some domestic makes which are losing market share at an accelerating pace.

While new-car demand is stalled, used-car values are strong. Three years ago banks abandoned the leasing business because of losses, which have now reversed. The reduction in the number of off-lease units has changed the economics of the used-car marketplace. At the same time demand for clean, late-model used cars is high because of the availability of nonprime credit and manufacturer sponsorship of certified cars.

This web seminar will delve into the critical issues facing the automotive industry. You will get answers to the following questions:

Where are car sales headed in 2006?

Where are new car prices headed?

How much of a comeback can we expect from leasing?

Is there a danger of any brand disappearing from the market?

What can Detroit do in the short term to respond to impact of higher priced gasoline on purchasing power and vehicle preferences?

What is the longer-term implication of expensive gasoline in terms of total sales, revenues per unit and overall mix?

Which companies win and which companies lose in this scenario?

Why has the used car marketplace reversed so dramatically since 2001?

How long will demand for clean late model used car remain strong?

How has the fragmentation of remarketing channels impacted the used car marketplace and the value of used cars?

How has pro-active used car remarketing impacted the marketplace?

Should banks and other non-captive finance companies return to leasing?

Plus you will get the answers to your own questions in a live Q&A session.

Venue

Additional Information

Web Seminar - Cost is $239 for an unlimited number of listeners. To Register Call 800 320-4418 Ex 117