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Trucks, SUVs Sell Strongly in October, Ram, Wrangler, Explorer Lead Gains

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Trucks, SUVs Sell Strongly in October, Ram, Wrangler, Explorer Lead Gains

Old 11-11-2011
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Default Trucks, SUVs Sell Strongly in October, Ram, Wrangler, Explorer Lead Gains




Although the overall economic picture may look bleak, October was a good month for many car manufacturers. Automakers said October's Seasonally Adjusted Annual Rate (SAAR) was the best of the year, at roughly 13.5 million including medium- and heavy-duty trucks, up from 13.2 million in September. Ford and GM cited somewhat encouraging job growth and looser credit for stronger sales. Chrysler in particular had two big hits in with Ram trucks and the Jeep Wrangler in particular, and Ford's Explorer is exploding out of the gate with huge year-to-year gains.

It's like malaise; only it looks pretty good next to 2008.

That means that seasonally, Octobers never are terribly good for selling cars and trucks. Another anomaly is that General Motors' sales rose just 2 percent, though the automaker held on to its 19.4 percent market share, which is up roughly one point for the year to date.

Read more: http://www.trucktrend.com/features/n...#ixzz1dOm9sA52
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Old 11-12-2011
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Doesn't surprise me the Explorer is selling well.
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