The September numbers have come in from the automakers (source, 2, 3):
Ford up 46%
GM up 10.5%
Toyota up 16.8%
Honda up 26.1%
Nissan up 34%
Hyundai up 47.7%
Chrysler/Fiat up 61%
Subaru up 47%
Porsche up 25%
Kia up 39%
Volkswagen up 14%
Daimler up 18.5%
Smart down 48.2%
BMW up 21%
Overall, that was an SAAR of 11.76. That’s up from 9.38 million a year ago and up from 11.47 million in August (not a directly comparable figure). Remember that last September was the Cash 4 Clunkers hangover, so the comparisons are favorable. Even absent favorable comparisons, this is the best month for auto sales since Cash 4 Clunkers. Domestic vehicle sales came in at 8.6 million, up from 8.4 million last month, with a Bloomberg consensus range of 8.5 million to 8.8 million. September was a good month for the automakers.
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