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You are here: Home / Business / Car sales hit by economic uncertainty

Car sales hit by economic uncertainty

October 10, 2008 By WRN Contributor

A tough economy and high gas prices have caused a slide in sales of new vehicles statewide. Scott Quimby of vehicle registration tracking firm Reg-Trak, Inc. says sales of new vehicles in Wisconsin are off nearly eight percent from a year ago.

Quimby says the biggest declines are in sales trucks and SUVs, which are likely the result above average gas prices. Truck sales are off nearly 13-percent from last year.

Quimby says those people who are buying new cars are going for hybrids and other fuel efficient vehicles. 

AUDIO: John Colbert reports (MP3 :37)

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Filed Under: Business



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