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CNMI car dealers sell nearly 1,500 vehicles
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Posted on Dec 02 2004
The Commonwealth’s auto dealers have sold close to 1,500 vehicles from January to November this year, surpassing last year’s sales by about 335 units.
Year-to-date figures released by the Commonwealth Auto Dealers Association showed most auto brands increasing in sales except for Ford and Kia, the sales of which dropped by approximately 16 percent.
The auto dealership industry slightly slowed down in November compared with the same month last year, with this year’s sales totaling only 106 units, about 20.90 percent lower than November 2003’s 134 total.
Last month’s decline came about due to the low sales turnout for certain brands such Ford, Kia, Honda, and Mitsubishi. Joeten Motors only sold four units each of Ford and Honda, much lower than November 2003’s sales of 18 and 19 units, respectively.
During the same month last year, Joeten and Triple J Motors sold 11 units each of Kia and Mitsubishi vehicles. Last month, Kia and Mitsubishi’s sales dropped to two and five, respectively.
However, the 1,477-total units sold from January to November significantly increased from the 1,142 total recorded by the CADA for the same period last year.
Toyota remains the top-selling brand, with its 697 sales jumping from last year’s 469. Nissan follows next with 206 units, and then Mazda and Mitsubishi, 150 and 114 units.
CADA statistics showed the total sales of Honda, Kia and Ford brands close at 82, 78 and 76, respectively. Hyundai’s sales reached 63, inching slightly ahead of last year’s total of 62.
Hyundai’s improved sales of nine vehicles last month compared with November 2003’s only one unit helped it surpass last year’s total sales from January to November.
