October Auto Numbers
The October numbers have come in from the automakers (source, 2, 3):
Ford up 19%
GM up 3.5%
Toyota down 4.4%
Honda up 15.6%
Nissan up 16%
Hyundai up 38%
Chrysler/Fiat up 37%
Subaru up 20%
Porsche up 61%
Kia up 39%
Volkswagen up 10%
Daimler up less than 1%
BMW up 17%
Overall, that was an SAAR of 12.3 million. That’s up from 10.46 million a year ago and up from 11.76 million in September (not a directly comparable figure). This is once again the best month since the end of Cash 4 Clunkers.
In other news, GM’s IPO is ready to launch.
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