May 11, 2010
May 11, 2010
April was a great month for auto manufactures and dealers since overall sales were up 20 percent on average according to Automotive News. That is great to hear since auto manufacturers and auto dealers have taken a huge hit during this entire recession. The tide is turning and new car and truck sales are doing really well compared to this same time last year.
Some of the biggest gainers were Subaru 48%, Nissan 34%, Ford 25% and Chrysler 25%. People have held out long enough and with the slightest improvement in home sales and the stock market it gives Americans the assurance that this is the time to purchase that new vehicle once again.
Even with the promising economy the new vehicle financing incentives and rebates are still some of the greatest we have seen. Rebates in the thousands and 0% interest will always excite consumers and bring them towards that new car smell. We are seeing more want buyers than need buyers and this is definitely a good sign that things are getting close to where they were once were. Sales are up so what are you waiting for?
This article was written by José Pinomesa who is the 2009-2010 Chairman for the Oregon Independent Automobile Dealers Association in Salem and the owner of José Mesa Auto Wholesale, LLC in Portland. Buying your next new or used vehicle from a member of a nationally recognized automobile dealer association will provide you piece of mind knowing that everything will be taken care of properly. For more information please visit the following websites at www.oiada.com and www.josemesa.com.