Dealerships Reduce Orders for 2008 Models

• November
• 26

3:39 am Latest News

Automobile dealerships are worried that 2008 sales will be worse than this year’s. Amid these concerns they are not ordering as many new cars and trucks. This is the worst vehicle sales slump since 1998.

“I’m certainly being more cautious,” said Carl Galeana, president of the Galeana Automotive Group. “I’m reeling in what I’m stocking and am looking not to sell at the same rate that I sold at this year.”

“If we don’t see some sort of boost, our orders will be reflective of that slowdown,” said Bob Thibodeau, a Ford dealer. “We certainly are seeing a little bit of an increase in our stocking levels. Sales are just not what we hoped.”