CLEVELAND Year-to-date sales of new cars and trucks were down 39 percent for January, according to figures released Wednesday by the Greater Cleveland Automobile Dealers' Association (GCADA).
The significant decline is due, in part, to an unusually successful year in 2008, where sales were up nearly 5 percent from 2007.
The loosening of credit and the upcoming auto show are expected to boost sales in Northeast Ohio.
"Although down significantly from a year ago, it's important to keep in mind that January 2008 was an abnormally good month for sales in this region," said Gary Adams, President of the GCADA. "Additionally, near record snow fall and cold temperatures throughout the month kept customers indoors and out of dealership showrooms.