October auto sales show renewed strength
Nov 02, 2011 | 11:46 AM
| Corinna Petry
Tags
auto sales,
Ford,
GM,
Erich Merkle,
Don Johnson,
Jenny Lin,
Japanese crisis,
corinna petry
CHICAGO — Auto sales by the top seven brands in the United States totaled 874,027 vehicles in October, up 6.6 percent from 819,744 in October last year although down 3.1 percent from nearly 902,000 the previous month.
"We think October’s industry sales built nicely off September. Our estimates indicate that October resulted in a mid-13-million total vehicle SAAR (seasonally adjusted annual rate) compared with 13.2 million in September," said Erich Merkle, Ford Motor Co.’s manager of product strategy communications. "(The rate is) roughly in line with the stronger sales pace experienced in....
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