Car sales fall 11% from 2007 - WALB.com, South Georgia News, Weather, Sports

Car sales fall 11% from 2007

By Delivrine Registre - bio | email

September 22, 2008

ALBANY, GA (WALB) - Record high gas prices this year are hurting the nation's auto sales.  

And with the unstable market causing stricter lending, those numbers are expected to get worse.   Auto sales dropped 11% through August from last year.  

And sales are expected to fall by another ten percent because of tougher lending practices.

By August of last year, Dougherty County had more than 22,4000 tags processed. This year there were only 20,500.  

"Yes, we have had less titles processed by that number 1,832. Those are new and used vehicles. And I don't know when that trend is going to reverse, but we have definitely seen a slow down," says Tax Director Denver Hooten.

Dougherty County collects more than eight million dollars a year in car tag taxes.

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