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Ken Smith Lincoln Mercury dealership
Some N.J. dealers see higher sales
WEDNESDAY, JANUARY 4, 2012
BY RICHARD NEWMAN
STAFF WRITER
THE RECORD
* It was a good year for many dealers, but others weren’t so lucky.
New Jersey auto dealers sold an estimated 430,000 new cars and light trucks last year, an increase of 7.5 percent from 2010 and the highest volume since 2007, when the tally was 490,000, a statewide trade group said Wednesday.
The second straight year of improved sales was driven by pent-up demand, greater accessibility to credit and stronger consumer confidence, said James Appleton, president of the New Jersey Coalition of Automotive Retailers. Sales had bottomed out in 2009 at 340,000.
“People don’t feel as though we’re back, but maybe they are a little tired of wearing sackcloth and ashes,” Appleton said.
https://www.northjersey.com/news/136688928_Some_N_J__dealers_see_higher_sales.html
