Photo: autonews.com
While growth on other markets has stagnated or gone back down, in the US, car sales are going strong. Autonews states that car sales have jumped up by 13%, when compared to the same month of 2011, exceeding even the most optimistic of predictions.
This also means that the Seasonally Adjusted Annual Rate (SAAR) for the entire US automotive industry at 14.9-million units. New vehicle sales have also increased by 15%, reaching 10.9-million in september, and of those, passenger cars managed to record a 23% rise, while light trucks only managed a 4% increase.
September is the seventh month this year, and the fourth consecutive month when the SAAR exceeds 14 million. It is unsure whether or not the upward trend will continue, but at least more people have money to spend on cars, meaning that the US is well past its credit crunch days.
Story via autnews.com
September is the seventh month this year, and the fourth consecutive month when the SAAR exceeds 14 million. It is unsure whether or not the upward trend will continue, but at least more people have money to spend on cars, meaning that the US is well past its credit crunch days.
Story via autnews.com
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