Deffinetly choosing best answer! and i will answer any question that you tell me to ! but pleaseee help! ?

Question

i am a little confused about this paragraph! can someone help me understand it please..

Sisters Gina and Toni Wilson grew up in a family that had been in the car trade for almost a century. From an early age they worked in vehicle rental, spare parts and car sales in their father’s garage. After seeing the vehicle import business grow from 17,800 units in 1998 to 141,000 two years later, Gina decided to “get a piece of the action”. She rented an office, employed one person and began importing cars from mainland Europe. Eurocars was born. After one year, Gina took on her sister as sales manager and appointed Steven Hunt as managing director. Steven was an expert in finding new cars at low prices. The company concentrates on “bread and butter” models rather than specialist or prestige cars. Customers are attracted by the low prices. They can save around ₤2,500 on the list price when buying from Eurocars. They are also reassured when they see that the cars are actually in stock. Eurocars used to sell cars to both dealers and individuals. However, they are now concentrating more on the retail trade because margins are higher.

I don't quite understand what is eurocars? and "Customers are attracted by the low prices". how can the company afford to have such low prices.

i know i might sound really dumb but please help

Answer 1

Eurocars is a car rental company so the vehicles that they sell would be late model high mileage ex rentals probably

Answer 2

Eurocars is the name of the company that Gina founded. The company can probably afford such low prices by making up in quantity of cars they are selling, not the quality.  

Answer 3

actually, Eurocars was the name of the company which trades car, it is Gina's company. see the sentence before "eurocars was born". it is stated that gina rented an office, employed one person and imported car from mainland Europe. the company employ one man named Steven Hunt who is an EXPERT in finding new cars at low prices. and it is not BMW, Mercedes or Ferrari we are talking about. it's only bread and butter car. maybe toyota, nissan or other economical car. thank you.