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September auto sales up, allaying fears of recession

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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 02:01 PM
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September auto sales up, allaying fears of recession
Among the Detroit automakers, GM sales rose 20 percent, while Ford Motor Co sales rose 9 percent and Chrysler Group was up 27 percent.

Sales for Toyota Motor Corp dropped almost 18 percent for September, its first month at normal production levels since the March earthquake in Japan. Honda Motor Co sales declined by 8 percent

...

Sales of pickup trucks and SUVs were especially strong in September, bolstered by steady gasoline prices in the month and stepped-up sales incentives.

Sales of GM trucks and SUVs rose 34 percent. Sales of the same category of big vehicles at Ford were up 24 percent. At Chrysler, sales of trucks and SUVs jumped 35 percent.

http://www.reuters.com/article/2011/10/03/us-autos-sales-idUSTRE78S6BG20111003

Good luck with those SUVs when gas hits $10/gallon in a couple of years.
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