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Latest News [ 67 ]
- Scott Storch Grand Theft Auto Charge Dismissed
- GM, Toyota to end joint venture in Calif.
- Michigan Plants Will Build GM’s Future Small Car
- NasTrac Quarterly Index Shows Construction Equipment and Machine Tool Repossessions…
- Tucson used car salesmen may face decades in prison for fraud
- Bridgeton woman gets probation for phoney stolen car claim
- Authorities Seize 10 Vehicles, Arrest Repo Man
- Cardiac patient assaulted by 15-20 recovery agents
- Pasco man takes tow truck repossessing his vehicles
- Truck Purchased From City Caught in Repo Mix-Up
- Modesto police arrest woman, search for man in alleged auto theft
- Swedish auto town cannot imagine life without Saab
- Fiat closes deal to take bulk of Chrysler’s assets
- Man Arrested, Accused Of Shooting Repo Men
- Ford to Face Tougher Rivals Following U.S. Rescue
- May auto sales grow, but not evenly
- Down South, cautious optimism is back
- LDV placed back in administration
- Man abandons vehicle with bomb threat taped on window
- The Learjet repo man
- Thief takes tow truck driver on terror ride
- GM, Chrysler: Slashing Dealerships Is Necessary
- Man racks his shotgun and points it at Repo Man!
- Chinese Company Buying G.M.’s Hummer Brand
- LDV rescue deal collapses
- South African auto sales continue slide in May
- GM Files For Bankruptcy
- The long history of blacks and the auto industry
- Car dealer jailed
- Auto sales plunge to near 30-year lows
- Chase of man who stole repo man’s tow truck ends in Globe
- Dealer finds success in repo market
- Police car rammed in Levin
- Cambodians Brace for First Taste of Recession
- Sale of repossessed vehicles is bad news for truck makers
- Saving A Buck: Repo Man
- Indictment Charges Former Clerk for Motor Vehicle Commission with Selling Hundreds of Fraudulent Vehicle Titles
- A repo man’s chase
- GM talks with Europe break down, Chrysler future on hold
- Repo team twice grabs wrong boat
- Sales are down, but no one is panicking at Harley-Davidson
- Woman may serve time in prison for injuring repo man in altercation
- In US, electronic repo device stalls cars of late payers
- Chrysler “Repossessing” Lee Iacocca’s Company Car
- Now’s Your Chance: Repo’d Nissan GT-R up for auction
- Repo Man Accused of Pulling Knife on Man & Child
- Elkhart repo man arrested for impersonating a police officer
- How Is The Obama Administration Impacting The Auto Finance Market?
- Repossession Shuts Down Sacramento RV Dealer
- Suspects ‘Repossess’ Car From Teenager For Another Man’s Debt
- M.I. man accused of taking shot at repo men
- Repo man hit by car
- New twist in Driggs shooting
- Private ownership by the government must be temporary
- Repo man leads to stolen car ring
- Asheville police investigate 2nd embezzlement at RMC Financial Services
- RBI: Loan contracts of NBFCs to include clauses on vehicle repossession
- Repo bill becomes new law – Repo agents must notify police before repossessing any property in Indiana.
- Breaking News – Burien Nissan is now officially closed
- How 1 Valley man can repossess your car in just 10 seconds
- Latvian crisis closing schools, hospitals
- Local Woman Allegedly Attacked Repo Man In Latrobe
- Repossessed cars bring in money for Barcelona
- Spring Hill holds its breath Town’s economic future rides on GM’s impending plant closing decision
- 2009 China’s auto electronics industry has developed rapidly
- Reserve Bank cuts repo rate by 100 basis points to 7,5%
- GMAC ‘Unfairly’ Repossessed Vehicle Under Illinois Consumer Fraud Act, Appeals Court Decides
Columns and Features [ 2 ]
Other [ 1 ]
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Sale of repossessed vehicles is bad news for truck makers
The overall drop in manufacturing–factory output is growing at its lowest in 16 years–is being reflected in the lower capacity utilization of goods carried on trucks, according to one analyst.
Mumbai: Hopes of an early revival in demand for new trucks in a limping economy have hit a hurdle with the easy availability of vehicles that were repossessed from truck owners over loan defaults.
Local sales of commercial vehicles, mainly trucks and buses, have risen to 41,881 units in March from a low of 17,920 in December, lending some cheer to the stressed operations at India’s big truck firms. But an estimated stock of up to 45,000 trucks repossessed in fiscal 2009—double from the year before—is beginning to eat into fresh demand for such vehicles.
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