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Midsize vehicles have been down 7 %, compacts have been down 16 p.c and enormous cars plunged 21 percent. About the one good news for brands remaining in those segments is that so many nameplates are being killed off that there is not much competition left. As has been the case all 12 months, the used automotive lot has been a welcome alternative for consumers who discover new vehicles out of their reach. The excellent news is there…™s a plethora of almost-new vehicles and trucks sitting on these tons. Every mannequin has been rigorously picked specifically for our showroom and has passed a rigorous multi-point inspection.
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Meanwhile, per capita GDP was weakening because of slowing financial development. Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports more expensive. Given that many … Read More