AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future
Green Car Congress
JULY 31, 2011
According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2006.
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