Minnesota Auto Sales Off to Great Start
UNDATED — More people are buying cars and trucks in Minnesota than during the same time over the last few years. From January through May, auto sales are up almost 21% from the previous year.
Scott Lambert is the Executive Vice President Minnesota Auto Dealers Association. He says there are reasons to be optimistic about the industry’s recovery. He says interest rates are low, there are new models on the market and Minnesota hasn’t been affected by the drought like other parts of the country.
Lambert says the sales numbers are a bit deceiving, however. He says last year auto dealers had a hard time getting parts and getting cars because of the tsunami in Japan. Lambert says that may be skewing this year’s numbers slightly.