Hoak Motors gets new GM's back on lot - KTIV News 4 Sioux City IA: News, Weather and Sports

Hoak Motors gets new GM's back on lot

SIOUX CITY, Iowa (KTIV) -- After a year of waiting, some new G-M vehicles have finally rolled onto the lot of Hoak Motors in Sioux City.

After General Motors filed for bankruptcy last year, Hoak Motors lost its G-M franchise.

It was a major blow to Hoak as G-M cars accounted for half of its inventory.

The dealer appealed to the company and got the franchise back.

But, Hoak had to wait until today for new G-M vehicles to arrive.

"We're excited it's not only big for us it's big for Sioux City, for people who want to buy a whole new Cadillac and in order for them to do that they had to go out of town and that doesn't make any sense," says Hoak Vice President, Chris Hoak.

Right now, there are three new cars on the lot, but up to thirty are expected in the next few days.

Co-owner and dealership vice president Chris Hoak says it was tough a year without new inventory, but programs like "cash for clunkers" were a big help.

"We got some old vehicles off the streets we got the more fuel efficient vehicles out there and it really boosted car sales for that two or three month period of time," says Chris Hoak.

Hoak Motors also sells Nissan vehicles.

They say that while G-M was off their lot, their Nissan sales jumped.

Online Reporter: Forrest Saunders

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