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You are here: Home / Business / New car and truck sales continue drop

New car and truck sales continue drop

August 10, 2009 By Andrew Beckett

New vehicle sales in Wisconsin continued to slump last month, despite the start of the popular Cash for Clunkers program. Scott Quimby heads Reg-Trak, Inc., a Waterloo company that tracks vehicle registration numbers. He says the overall figures were fairly disappointing, with a 26-percent drop in car sales during July, compared to the same month in 2008.

Several car makers have said July was one of their best months all year. Quimby says the discrepancy may be due to delays in registrations for cars bought through Cash for Clunkers entering the system.

AUDIO: John Colbert reports (MP3 :35)

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Filed Under: Business





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