Submitted by Grape_Ape1980 t3_yi6byc in wallstreetbets
EastDot3427 t1_iuhcy7m wrote
Going under... they are under water to the tune of $Bs in used car inventory they can't off load (in the industry for 27 years) - the Garcias have a bullseye on them from financial regulators... just a matter of time as used car prices reset to previous levels
SpaceTacosFromSpace t1_iuhzqer wrote
Hmmm so all those cars gonna drop on the market all at once?
EastDot3427 t1_iui267q wrote
That's up to whomever is in charge of the liquidation, safe to assume they would not dump them all to prop up prices as long as needed to work through the labyrinth that must exist in the books over there
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