Business Services Industry

Oklahoma City Car Dealers Build New Showrooms.

Knight Ridder/Tribune Business News, November, 2002

By Paul Monies, The Daily Oklahoman Knight Ridder/Tribune Business News

Nov. 6--A fall slowdown in new-car sales hasn't stopped several car dealers from breaking ground for new showrooms around Oklahoma City.

Nationally, car sales have been driving the sputtering economy for the last year, helped by zero percent financing in the wake of the Sept. 11, 2001, terrorist attacks.

Here at home, at least five car dealers are planning bigger showrooms that will be ready for business by spring and summer, traditionally the best times for car sales.

Cost of the new showrooms totals more than $12 million, according to city building permit records.

"We're experiencing some of the best years in history," said Peter Hodges,...

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