Wednesday, July 19, 2006

Glut of second-hand cars....

We are told that there are some 750,000 second-hand cars unsold in the country. And we are told that anyone who can afford the car has already got one. With Proton, Perodua, Naza, Inokom and soon Cherry Alado flooding the market with the new offerings, I wonder how Malaysians are going to absorb all these. The only way out it appears is for these companies to export and for our second-hand car dealers to find new markets in lesser developed countries.