Business

Vehicle Sales Level Off After Year-Long Rocket Ride

Houston vehicle sales for May were virtually unchanged from a year earlier — according to Tex Auto Facts, published by InfoNation of Sugar Land.

Houston-area dealers sold just over 27,500 cars, trucks and SUVs last month — just a few dozen less than in May of 2012.

Steve McDowell, president of InfoNation, says a drop in fleet sales was the main reason for the decline. By contrast, retail sales were up nearly 5% from a year ago.

“The main thing, I think, that we do see is that our sales have now stabilized, and we are tending to run 27,000-28,000 units a month, and that’s a good thing.”

McDowell says vehicle sales were bound to level off, following the burst of pent-up demand last year, as Houston rebounded from the recession.

“For the full year, we were up about 27%, and we just don’t expect that to continue.”

Year-to-date sales for 2013 are currently up about 3%.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas delegations in the U.S. House and Senate, as well as the Texas governorship, the state legislature, and county and city governments. Before taking up his current post, Andrew...

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