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Hawaii auto sales surge, reflecting strong economy

By Erika Engle

POSTED:
LAST UPDATED: 09:54 a.m. HST, Nov 18, 2013

<br /><br />Craig T. kojima / ckojima@staradvertiser.com<br />Nissan holds a 10.2 percent share of the Hawaii auto-sale market. Toyota/Scion tops the list at 26.9 percent, followed by Honda at 12.7 percent. This Nissan Leaf was photographed at New City Nissan in Kalihi.<br />

New-vehicle registrations in Hawaii jumped 23 percent in the third quarter from the year-earlier quarter, reflecting an improving economy.

The Hawaii Auto Outlook report, prepared for the Hawaii Automobile Dealers Association and released today, showed the state's third-quarter increase was significantly higher than the national increase of 13.3 percent.

Kauai County led the isles' third-quarter registration increases with a 23.7 percent surge. Hawaii County posted a 21.5 percent increase, Maui County had a 17.8 percent increase, and Oahu's registrations rose15.9 percent.







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DiverDave wrote:
All this means is that banks are putting their money out in car loans because their spread is better, and their risk lower, than in housing.
on November 18,2013 | 10:20AM
Maipono wrote:
Car dealers are trying to get rid of inventory by cutting prices on cars that they have had a hard time selling all year, but SA puts a nice spin on things trying to talk up the economy.
on November 18,2013 | 10:58AM
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