Newspaper article THE JOURNAL RECORD

New Car Sales Down for Month

Newspaper article THE JOURNAL RECORD

New Car Sales Down for Month

Article excerpt

Heavy rains which left flooding in many parts of the state also caused floods on many new car dealership lots - a flood of inventory which wasn't sold.

Sales of new and used cars and trucks in metropolitan Oklahoma City dropped in April, from both March and from April 1989, according to figures released Monday by the Metropolitan Auto Dealers Association.

There were 5,958 new and used cars and trucks sold in April, down 7.5 percent from the 6,444 sold in March and down 3 percent from the 6,144 sold in April 1989.

Total sales of new cars and used cars and trucks was down from both March and April 1989, according to reports from the 49 dealers who make up the association. Only new trucks managed a gain from March, but sales in that category were off from April 1989.

The reason for the decrease was "partly because of the weather," according to Bill Roby, the association's executive director.

"The weather was partly to blame, for people don't want to be outside shopping for cars when it's raining," Roby said. "But some dealers reported they started off slowly and gained steam with a good gain for the month.

"Others said they started fast and then tapered off.

"I really don't know why there was such a decrease in sales, nearly across the board."

There were no year-to-date figures available for comparison, because there has been a change in dealer ownership and membership within the organization, Roby said.

"We don't report on the area as a whole," he said. "We merely report how sales were for our members.

"To make sure that we're comparing properly, we'll go back each month to adjust last year's figures in line with current membership, then adjust this year's figures to eliminate dealers who have dropped so that we are talking about the same thing. …

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