Newspaper article THE JOURNAL RECORD

Metro Auto Sales Rise for 19th Straight Month

Newspaper article THE JOURNAL RECORD

Metro Auto Sales Rise for 19th Straight Month

Article excerpt

Journal Record Staff Reporter

Auto sales were up again in September, marking the 19th consecutive gain for Metropolitan Oklahoma City's franchised new vehicle dealers, according to trade association figures released Thursday.

There were 9,534 new and used cars and light-duty trucks, both domestic and imported, sold by the 56 Metropolitan Auto Dealers Association members last month, an increase of 5.6 percent over the 9,027 units sold in September 1993.

This figure, however, was down 9.7 percent from the 10,564 sold in August, the association's figures show.

"Just about all the dealers I talked to are pleased with the total figures this month," said Bill Roby, the association's executive director. "I had worried about September sales because of the shortages and the fact that so many cars and trucks were sold in September last year.

"Any time you sell 9,000 units in a month, that's a good month.

"We expected our sales to be down from August because we've had so many months in a row where we sold more than 10,000 units, and we're happy they're up from last September."

But a growing economy and calming consumer fears about layoffs had helped the area's auto dealers to continue posting sales increases. The last time there was a drop from the previous year's month was in February 1993 when sales were off 0.7 percent from 1992.

This upward trend is expected to continue to give dealers one of the best years they've had, Roby said.

"I see no reason in the world why our sales won't be up at least 5 percent for the last quarter," he said.

Sales this year are on track to top 117,000 total units, which will be an 11 percent increase from 1993.

One reason why September sales were down from August is because of the reduced inventory most dealers faced. This started showing up in July, continued into August and was really noticeable as factories were geared up to produce 1995 vehicles. …

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