- May’s used car sales suffered another setback in May, dipping 1.4% vs. same month year ago, CNW Marketing says
- Franchised new-car dealers saw gains, put more emphasis on used cars because of shortages of most in-demand fuel efficient models at Toyota and Honda
- Independent dealers saw sales decline of 4.4%
- Private party sales (casual) slipped 3% — individuals are taking advantage of offers from franchised dealers for above-book trade-in values
- via CNW Market Research