Claremont Insider: Auto Sales Down

Tuesday, January 22, 2008

Auto Sales Down

More bad news facing Claremont's coffers. Car sales in the Southern California region were down eight percent in 2007, according to an article by Dan Abendschein in the Whittier Daily News.

Abendschein's article talked about Ford Co. closing dealerships nationwide, including Claremont Ford and five others in Los Angeles County.

With 57 percent of Claremont's sales tax revenue coming from the Auto Center, this downturn is certain to affect city budget discussions. Sales tax revenues in turn accounted for 24.9 percent of all Claremont city revenues in the 2004-2006 budget cycle.

Remember, the city will be holding the following citizen budget workshops:

  • Thursday, January 24th, 7pm
    Alexander Hughes Community Center - Padua Room
    1700 Danbury Rd.

  • Thursday, January 31st, 7pm
    Blaisdell Community Center
    440 S. College Ave.
Call (909) 399-5460 for more information.