Since last September there are increasing auto sales

Vehicle sales have grown since last September. September 2009 was not a great calendar month for car revenue. The homebuyer tax credit and Cash for Clunkers both led to a slump in real estate and car sales once the credits expired. Since then, car revenue have increased. September revenue declined after a good August. The domestic automobile makers really did quite well. There was a huge gain over the year for Chrysler.

Since last year, increased auto sales

Auto sales went down dramatically following the Cash for Clunkers program ended. The auto industry has been clawing for gains ever since. The United States auto revenue are beginning to increase steadily since September 2009. Since last year, there has been a rise within the automobile industry, reports Automotive News. This increase was about 29 percent. Increases were just realized by domestic car firms. Just Ford had a giant increase. The increase was 40 percent. An increase was even had by General Motors. There was an 11 percent increase. Chrysler sales shot through the roof, as the business marked a 61 percent increase. Only Suzuki sold fewer vehicles over the last year.

Down in the month

Sept was lower than August although there was a great increase this year. This month, kids are going back to school. Getting an autoloans seems like it is out of the picture with tuition that has to be paid. Chrysler gained over the year however marked a less than 1 percent gain since August. Ford had the best September sales with a 2 percent bump from August. General Motors saw sales fall about 7 percent over the last month. The percentage Ford sold may be higher but General Motors actually sold more autos. According to CNN, car industry insiders believe a good fourth quarter is coming.

Rebounding is taking place

The auto industry, along with numerous other industries dependent on consumer spending, has been rocked by the economy. Of course, it is being resolved although it may be slow.

Information from

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