Monday, October 04, 2010

September Car Sales Show Improvement

September light vehicle sales in the USA finally crept back up to an annually adjusted 12 million vehicle level in September. Almost all automakers posted gains for the month compared to last year. (September 2009 marked a low sales point after the end of the "Cash for Clunkers" program.) Chrysler was up almost 61%, Ford was up 46%, and General Motors was up 22%. Ford's market share gains over this year really came into focus in September as the Ford brand posted only 11,000 units short of GM's 4 "core" brands combined.

Overall, the industry appears to have adjusted to a "new normal" marked by slow, steady growth and controlled inventories and incentives.

For more information, check out By the Numbers at Autoblog.com

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