Sunday, February 22, 2009

When Will Auto Markets Come Back?

We are now approaching at least six months since the major downturn in the automotive market. The fluctuation of used car prices has been such that many dealers have never seen such drops like these in their lifetime.

Only a couple new cars manufacturers have seen any positive movement in the market. Subaru is the only manufacturer that can hang their hat on any gains in the nre car sales sector for 2008. They were up 1.5% for the year. Most of their success was do to the totally redesigned Subaru Forester.

Used car markets across the board have suffered and there appears to be no foreseeable end. many auto dealers are combining their used car inventories in order to reduce their advertising outlay. CincyAutos.com is one of many that is doing just that. Consolidating the inventories of twelve of their dealership's used car inventories helps to not only reduce advertising, but give the online shoppers a better user experience. CincyAutos.com has over 1,000 used cars available. This is more than enough choices for most shoppers in the Cincinnati market.

Other used car Cincinnati dealers have seen this approach and are considering creating similar websites in order to combat the downturn in business and save on the overall advertising budget.

Look for more hub pages for similar new car dealers to pop up in order to accomplish the same benefits for new car franchises.

Thinking outside the box has never been more important than in today's market.

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