LOCAL FOOTBALL SCORING UPDATES PRESENTED BY THE HUNGRY HOBO:

Local car sales running at full throttle


Share
Posted Online: Sept. 04, 2013, 6:02 pm
Comment on this story | Print this story | Email this story
By Tyler Langan
Car sales across the nation are the highest they have been in years, and some local dealerships are having trouble keeping new models on the lot.

"Our whole issue right now is getting product," said Mike Grems, sales manager at Reynolds Ford in East Moline. "We're struggling to get enough product for the amount of sales wehave."

Nationally, new car sales increased by 24.3 percent from 2008, when the auto market took a downturn, to 2012, according to a 2013 report by the National Auto Dealers Association.

Local dealers attribute the increase to improved products, a growing economy and incentives.

"We've hadgreat incentives, a lot of support from the manufacturers that we havethat has kept everybody interested as far as consumers go," said Mike Wolf, general sales manager at Courtesy Car City in Moline.

Mr. Wolf said Nissan and Kia have lowered vehicle costs and offered cash incentives and low interest rates.

The average price of a new car increased 0.8 percent from 2011 to 2012, and the amount dealerships make from selling new vehicles increased 12.8 percent during that time, the NADA report said.

Jill Green, owner of Green Chevrolet in East Moline, Green Family Hyundai in Moline and Green Buick-GMC in Davenport, said new car sales at her Davenport and East Moline dealerships are up 10 percent from the year before. Green Hyundai has been open less than a year, so she couldn't make a year-to-year comparison.

"We expect the new car sales to continue and increase over last year'ssales," she said. "They're so affordable now that a lot of people are going new."

Mr. Grems said Ford has opened a new manufacturing plant in Michigan to keep up with demand for vehicles that were primarily produced in Mexico. He said the company is increasing production through the end of the year, which is rare for automakers.

Last month's sales at Reynolds Ford were up about 20 percent over last year, and Mr. Grems said he thinks his company is in a good position to maintain strong sales.

"For us, it's a combination of the economy and the quality ofthe product," he said. "I think it's just a better product and a better looking product."

Dan Rettig, general manager of Piehl Automotive dealership in Geneseo said sales have been sluggish the past few years, but things are really picking up. He said Piehl sold more Cadillacs by April of this year than they did in all of 2012.

"Right now I don't see any stopping at all," he said. "We're getting a lot of traffic in here with great attitudes."



















 



Local events heading








  Today is Sunday, Sept. 21, the 264th day of 2014. There are 101 days left in the year.

1864 -- 150 years ago: We hear that Col. Reynolds has employed C.D. Merrill to drill for water to supply the Rock Island Barracks.
1889 -- 125 years ago: Billy Catton, famous billard player, returned to Rock Island with a view to making this city his home in the future.
1914 -- 100 years ago: The belief is growing that a great decisive battle of the World War was being fought at Verdun, a strong fortress of France on the Meuse near the French frontier, according to a London dispatch.
1939 -- 75 years ago: William Stremmel, 91, Rock Island's last Civil War veteran, died.
1964 -- 50 years ago: Workmen of the Midwest Wrecking Co., Clinton, have begun razing the historic old office building of Deere & Co., 1325 3rd Ave., Moline. The site will be used by the Deere Plow Works for its shipping and receiving department.
1989 -- 25 years ago: East Moline developer Jim Massa says the financial package for the proposed $34.5 million Quad City International Motor Speedway is down to making sure "all the i's are dotted and t's are crossed. Finalizing this will give the green light to see if NASCAR and CART, the auto racing sanctioning bodies, approve race dates.






(More History)