4. Mike Jackson Sees New Car Supply Setting Up a Price War Shortly

Wall Street Journal

  • Jack­son per­spec­tive putting pres­sure on OEM Pro­duc­tion to avoid price war
  • Sees 2014 as a “test” after 4 easy years of sales growth and prof­its
  • Growth rate expect­ed to slow in 2014 with increas­ing com­pe­ti­tion
  • Puts pres­sure on deal­ers to meet sales quo­tas to gain OEM pay­ments
  • Cur­rent­ly 3.45M vehi­cles in 63 day deal­er inven­to­ry
  • Take out fleet and the days of new car inven­to­ry as much as 120


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