300 Cars given for free - is a sign that Car Industry is suffering

Philippines
February 28, 2007 11:03pm CST
Have you seen a TV show giving away 300 cars at one time? It is a sign that many cars were manufactured and cannot be sold. I hope manufacturers of other product will also do the same. To reduce their inventory. There is a big cost to keep old stock in a warehouse. It occupies a space.
1 response
10 Apr 07
That's incredible!If i can ever heared of it, i would take advantage to get myself a car. But if it happens anyway, that does not show that manufactureres cannot sell. It may be a kind of promotion strategy to get more customers and to create awareness of their coperate existence.