Saturday, October 2, 2010

DailyMarkets.com - Except For CFC, Auto Sales Reach 2-Year High

DailyMarkets.com - Except For CFC, Auto Sales Reach 2-Year High


Except For CFC, Auto Sales Reach 2-Year High

Posted: 01 Oct 2010 10:01 PM PDT

Vehicle sales were released today for September, and here are some highlights:

1. On a “seasonally-adjusted annual rate” basis, total U.S. light vehicle sales increased to 11.76 million unit in September, which was 2.55% higher than August, and 25.4% higher than September last year (see chart above). 

2. Except for the artificial sales stimulus of “cash-for-clunkers” in August 2009 when sales topped 14 million (at an annual rate), September vehicle sales reached the highest monthly … [visit site to read more]


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