Poncho was on the front page of the largest Auto paper...AUTOMOTIVE NEWS...he has been so famous this year...on NIGHTLINE, in TIME Magazine and will be again this year...keep you posted when that comes out...quoted in Daily Republic, SAN FRANCISCO CHRONICLE, Automotive News. To keep him humble I still make him take out the garbage every week!
'Like house of cards,' used trucks fall
Dealer Poncho Redfern sees big used trucks that were worth $20,000 just a few months ago valued today at $12,000. And he winces. Many new-vehicle dealers grew accustomed to raking in big profits on large used pickups and SUVs. But now those trucks are sucking out cash as they gather dust. [SUB] 12:01 am U.S. ET June 23
Tuesday, June 24, 2008
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2 comments:
holla!
if you want bad news about the auto industry....just call ponch!
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