Honda Warns Against ‘Stupid’ Loans by Competitors

sims honda favicon

The automotive sales business is a competitive one. This we know. However, that doesn’t mean every deal is a good deal. Or that the lowest monthly payment is the best deal. Honda U.S. sales chief, John Mendel, ┬ástated that competitors are doing “stupid things” in order to boost sales, but don’t necessarily serve the consumer. […]

Auto Defaults on the Rise, Auto Industry Still Stable