September car sales up from this past year

Since last September, vehicle revenue have been steadily increasing. September of 2009 had dismal sales figures. Cash for Clunkers ending led to a slump in vehicle sales, just like the homeowner tax credit expired and home revenue dropped off. Ever since, auto sales have been steadily going up. August sales were good, and September sales slumped. The largest of gains among the domestic car firms were made by Chrysler. Resource for this article – September auto sales improve from last year by Car Deal Expert.

Since this past year, car sales are performing much better

At the end of the Cash for Clunkers program, vehicle sales dropped. The auto industry has been clawing for gains ever since. Things have gotten better since September 2009. Apparently car revenue have been going up much more steadily. The vehicle industry in total marked a 29 percent increase since last year, based on Automotive News. Increases were just realized by domestic auto firms. Ford sales increased by 40 percent. General Motors sales increased by 11 percent. A 61 percent increase was what Chrysler had, making it much better off than the rest. Only Suzuki sold fewer vehicles over the this past year.

Lower in the calendar month

September was lower than August although there was a good increase this year. Nobody is looking at getting auto loans when remembering they have to pay tuition for their children this month. Chrysler gained over the year however marked a less than 1 percent gain since August. From August to Sept, Ford looks the best. The only problem is that it was only a 2 percent bump. General Motors saw sales fall about 7 percent over the last month. GM really did better than Ford if you’re counting volume. Right now it’s just a percentage. Cable News Network explains the outlook looks bad right now. Even so, vehicle industry experts are expecting the fourth quarter to look good.

We’re rebounding

The auto industry, along with numerous other industries dependent on consumer spending, has been rocked by the economy. It might be gradually happening, however it is being fixed. The economy will get better.

Articles cited

Autonews.com

autonews.com/apps/pbcs.dll/article?AID=/20101001/RETAIL01/101009993/1448

CNN

money.cnn.com/2010/10/01/news/companies/autosales/index.htm