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Auto Sales Highest In A Decade, But Investors Won't 'Back Up The Truck'

2015-10-03 09:25:59| Auto Dealers - Topix.net

Last month, I predicted that U.S. auto sales would be very strong for the month of September, and that's exactly what we got yesterday, with the "big three" automakers all delivering double-digit growth. Fiat Chrysler was the weakest of the three, with sales in-line to slightly below expectations, but notching 13.6% growth and making this the 66th month in a row of car sales growth for the company.

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American auto sales show big gains

2015-10-02 22:17:05| Auto Dealers - Topix.net

September was a blockbuster sales month for the U.S. auto industry - except at Volkswagen, where an emissions scandal forced the company to halt sales of most of its diesel-powered vehicles. Strong consumer demand, easy credit and generous incentives combined to fill dealer showrooms.

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Auto sales rocket to a 10-year high as US consumers prove they...

2015-10-02 22:17:04| Auto Dealers - Topix.net

Auto sales rocket to a 10-year high as US consumers prove they will not be stopped On Thursday, we learned that US auto sales in September rose to an annualized pace of 18.2 million vehicles, the fastest pace since 2005. And this data comes after we saw consumer confidence bounce back in September while exports are starting to look like a drag on GDP growth in the third quarter .

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Demand for light trucks helps September auto sales grow 2.7 per cent: DesRosiers

2015-10-02 22:17:03| Auto Dealers - Topix.net

DesRosiers Automotive Consultants says demand for light trucks boosted auto sales 3.7 per cent last month compared with a year ago, making it the best September on record. Canadians snatched up a total of 174,337 light vehicles in September, up from 168,041 in the same period last year.

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Ford Sales Up 23%, Auto Sales Up 16%, So How Bad Can Economy Be?

2015-10-02 18:20:04| Auto Dealers - Topix.net

NEW YORK - Perhaps the market really should have fallen sharply Friday, given the jobs numbers that came in below estimates. Or perhaps the market should be rising, based on the U.S. auto sales numbers that topped forecasts on Thursday.

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