Mankato Auto Sales Hit Highest Peak Since 2008

SALES SHOWING RECOVERY FROM RECESSION, EXPANSION

Mankato area auto dealers made 1,050 auto sales this July, the highest monthly total since 2008. This is according to the local excise tax collections by the city of Mankato.

The previous high this year 814 autos sold in April, and the highest month in 2010 was 901, also in April. The auto dealers attribute the July sales to a strong farm economy, trade-in programs, and dealership expansion.

DEALERSHIP FINDS SUCCESS IN EXPANSION

Mankato Luther Honda recently moved to a new and expanded location on Madison Avenue, and the expansion allowed extra vehicles on the lot.

Kerry Lindsay, the general manager at Mankato Luther Honda, said, “Since July we’ve doubled our inventory and more than doubled our sales.”  The dealership especially saw a rise in the popularity of the Honda Pilot SUV, according to Lindsay.

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