Automotive Market Research
These dealerships solely focus on the pre-owned market, which removes OEM promoting demands. Most of the cars and lightweight vans bought at EchoPark are between 1 to four years old and have present guarantee protection. Our ultra-low pricing technique and simplified straightforward purchase experience has contributed to our strong progress. We have developed a complementary relationship between our franchise dealerships and our EchoPark shops that creates worth for shareholders.
A few initiatives were shown but none made it to market, and in May 2013 a model new set of rules were issued, meaning a 0% luxurious tax for vehicles under 1,200 cc so long as they might meet the identical 20 km/l mileage objective. The luxury tax is between 50 and seventy five percent for bigger and less gas environment friendly autos. Power examine, rising markets accounted for 51 % of the global light-vehicle gross sales in 2010.
Global demand …