Updated at 4:25 p.m., Friday, July 27, 2007
Car registration figures show sales are slowing
Advertiser Staff
Sales of new vehicles continued to dip in the second quarter in another sign that Hawai'i's hot economy is cooling off.Through June, new vehicle registrations fell 11.8 percent from last year to 30,461, according to the Hawaii Automotive Dealers Association. Last year sales declined 4.3 percent, reflecting a state economy that grew at a slower pace.
Auto dealers are still hopeful for a late-year pickup in activity, though registrations overall are still projected to fall 7.2 percent to 62,387 new cars and trucks this year.
