Car sales could be stabilizing

Author:
Publish date:
Social count:
0

A recent uptick in automobile sales could mean the market has bottomed out, giving some hope that the downward spiral may finally be at an end.

While car sales fell for the 17th consecutive month in March, Chrysler and General Motors said dealer showroom traffic improved considerably last week as the potential for a GM or Chrysler bankruptcy rose, according to a New York Times report.

Related

Sales stagnate in March

Overall boat sales in March were slightly lower compared to last year and year-over-year growth was down by just over 1 percent, according to Statistical Surveys Inc., data that was gathered for 30 states.