Cerberus Capital Management
Many auto dealers are in trouble due to the recent spike in gas prices. For instance, some auto dealers have actually been forced to stop or slow down the production of some SUVs, which is hurting business for them. For example, it was recently announced that the Ford F-150, which was once the most popular SUV to sell in the United States year after year- is now shutting down or stopping manufacture of the vehicle because it is no longer the most popular selling vehicle. Is the SUV in trouble? I would say so. As a matter of fact, SUVs are no longer the most popular vehicle to even purchase- unless you have a family of seven or eight…but even then, is it really that economical? Chances are that it is not really a great choice for anyone. But, what does it mean for families that are big?