Since past September there have been increasing vehicle sales

Since last September, vehicle sales are steadily increasing. A low, low point in vehicle sales was reached in September 2009. Just like home sales slumping after the expiration of the tax credit, the end of Cash for Clunkers saw auto sales drop off slightly. An increase in automobile sales has been marked ever since that point. However, September sales were only a slight improvement overall from August. The largest gains were realized over the this past year by Chrysler.

Much better vehicle revenue since this past year

The Cash for Clunkers program ended this past year. This caused vehicle sales to go down. Ever since then, the auto industry has worked to try and get back up. Things have gotten much better since Sept 2009. Evidently vehicle sales have been going increase much more steadily. Automotive News explains that there was a 29 percent increase in the automobile industry since this past year. Domestic auto firms realized great increases. Just Ford had a giant increase. The increase was 40 percent. General Motors sales increased by 11 percent. Chrysler sales shot through the roof, as the company marked a 61 percent increase. Only Suzuki sold fewer vehicles over the last year.

The month reveals it being lower

Sept was lower than August although there was a good increase this year. Many children are returning to school, and no one wants a new auto loan if they have a tuition bill to cover. Since August, Chrysler had a less than 1 percent gain, although the year showed more gains. In August, Ford did the best however only had a 2 percent bump to September. 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 that the outlook looks bad right now. Even so, car industry experts are expecting the fourth quarter to look good.

Rebounding slowly but surely

The vehicle industry has especially hurt the economy recently. It is consumer spending which applies to automobiles directly. However, that is being resolved slowly but surely.

Info 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