Friday, October 24, 2008

Car dealers face a tough month (The Bakersfield Californian)

October's been a scary month for Bakersfield's new car dealers. Spooked by the economy, volatile gas prices and political uncertainty, consumers are turning away from generous sales offers and forgoing a trip to the auto mall. Over the first 23 days of this month, only 700 people applied for car loans at the city's biggest auto lender, Kern Schools Federal Credit Union. That's almost a quarter ...

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