An unexpected surge.
September new-car sales rebounded to their perkiest pace since April, surprising industry watchers, and, frankly, anyone else who is at all aware of the overall economic picture, which seems to be fading back into recession. Pent-up demand seems to be the consensus explanation for the unexpected surge. That would appear to be more business demand than consumer demand, given the jump in truck sales. The good news is that automakers didn't have to buy those sales with big incentives, as incentive spending declined slightly (although it increased at Toyota and Honda). Overall volume beat last September's total by 10%.
Photo Gallery: September 2011 Auto Sales - Automobile Magazine
Source: http://www.automobilemag.com/features/news/1110_september_2011_auto_sales/index.html
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