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Oct 2, 2014

TRUCKMAKERS NEWS * USA: PICKUP TRUCK SALES

* Michigan - Trucks drive September auto sales

(Photo from GM, General Motors: Chevrolet Silverado truc at car dealership) 
Detroit,MICH,USA -FOXBusiness/REUTERS, by Matthew Rocco -October 01, 2014: -- Pickup trucks drove auto sales in September, and the industry signaled that consumer demand remained upbeat after a torrid August... Auto sales have been a bright spot for the U.S. economy this year. In August, the industry booked a seasonally adjusted annual rate of more than 17 million units for the first time in eight years... Industry-wide sales in September reversed 21% versus the prior month but jumped 9.4% compared to September 2013, Autodata said. The SAAR hit 16.43 million units, well above last year’s 15.42 million... Kelley Blue Book and Edmunds.com expected another positive month in September, which had one extra selling day compared to the same month last year. The firms expected nearly every major automaker, with the exception of Ford Motor Co., to report significant sales gains... According to TrueCar (TRUE), incentive spending across the industry grew 13%. September was “truck month” for Chrysler Group and General Motors (GM), both of which are looking to take advantage of Ford’s transition to a new F-150...

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