TITLE

CarMax exec: Leasing cuts at Ford, GM won't hurt

AUTHOR(S)
Harris, Donna Lawrence
PUB. DATE
November 1996
SOURCE
Automotive News;11/25/1996, Vol. 71 Issue 5688, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that General Motors Corporation, and Ford Motor Company's annoucement of cutbacks of subvented lease programs, will not affect inventory or plans of CarMax. Views of Austin Ligon, president of CarMax; Correlation between reductions in lease incentives, and used car inventory; Statistical information on off-lease vehicles; Comments from Art Spinella, director of automotive research for CNW Marketing Research. INSET: Decline of late-model off-lease vehicles..
ACCESSION #
9612130141

 

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