State sees uptick in auto titling
Photo by Benjamin Krain
Danny Roberts, a salesman at Russell Chevrolet in North Little Rock, shows a new car to a customer Wednesday afternoon. Russell Chevrolet was the No. 1 dealer in the state based on new-vehicle registrations in September.
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A steep decline in auto registrations through the first eight months of the year slowed considerably in September, primarily because of the government’s “cash-for-clunkers” incentive program, statistics from a Kentucky research firm indicate.
For the first eight months of the year, new-vehicle registrations in Arkansas were down 30 percent compared with that period in 2008, according to Cross-Sell of Lexington, Ky., which provides market analysis on auto registrations in 27 states.
There were 7,043 new vehicles registered in Arkansas in September, down 9 percent from the same month last year.
“Cash for clunkers” ran from July 27 to Aug. 25. Since Arkansans have 30 days to register vehicles with the state, most registrations related to sales under the ...
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Business, Pages 25 on 11/05/2009
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