Auto and Truck Sales Surge in September

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Auto and Truck Sales Surge in September

Posted Under: Autos • Double Dip

Some analysts say US growth stalled in August. We don’t believe that, but if so, it has now reaccelerated in September. Auto (car and truck) sales rose 8% in September (from August) and are up 10.8% from the previous year. The gain versus a year ago comes despite Toyota and Honda still having inventory challenges related to the multiple disasters in Japan.

Posted on Monday, October 03, 2011 @ 4:54 PM • Post Link	Share:
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These posts were prepared by First Trust Advisors L. P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.

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