their sales have fallen dramatically in the past few years.
In 2003, 2004, 2005, & 2006, there were around 16 to 17 Million new cars sold each year in the USA. That figure has fallen to around 11 Million. That's a considerable drop in new cars sales.
And consider this: sales of larger vehicles, like SUV's, mini-vans, & trucks, has dropped considerably. Car dealerships are selling more of the smaller, fuel-efficient cars. Those cars are less expensive and have less PROFIT for the dealership.
Car dealerships will try and make up the lost profits by charging as many fees as possible. They'll also try to manipulate customers into having service done on their cars that are not necessary in order to make profits, in my opinion.
Banks are no longer making the money they used to by loaning money to customers. That's why they've adopted a new 'business model' and they are charging FEES unlike ever before.
The auto industry and the banking industry are a reflection of how business in America has changed for the worse.
************************* Business in America Alert ************************
*Anyone can 'Google' the following and watch the videos to see how business in America has been conducted over the years-
CAR SALES: TRICKS OF THE TRADE- CONSUMER ALERT
COUNTRYWIDE WHISTLEBLOWER REPORTS LIAR LOANS
ELIZABETH WARREN ON THE ECONOMY NOW ON PBS
Thank You