Monday, July 6, 2009
Business
Comment

Tough time for auto

Published 10/07/08

Thousands of new vehicles that would have cruised their way to Marylanders' driveways a year ago are now stalling at local dealer lots, in tune with the trend that dealerships are experiencing nationwide.

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With today's economy, once-potential buyers are now worried about whether they'll keep their jobs, be able to pay for gas or qualify for a car loan.

Peter Kitzmiller, president of the Maryland Automobile Dealers Association, said new car sales in the state are down more than 10 percent for the year. He said he points to the economy for much of the slowdown.

"Even the used-car sales are down," Mr....

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