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Article: Edmunds.com Forecasts October Auto Sales, Predicts 10.35 SAAR.
- Article from:
- Journal of Transportation
- Article date:
- November 14, 2009
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This month's new vehicle sales (including fleet sales) are expected to be 830,000 units, a 0.6 percent decrease from October 2008 but an 11.4 percent increase from September 2009, according to Edmunds.com, the premier online resource for automotive information.
Edmunds.com analysts predict that October's Seasonally Adjusted Annualized Rate (SAAR) will be 10.35 million, up from 9.19 in September.
"This month's SAAR will be the year's highest, discounting the months when the Cash for Clunkers program helped spur sales," observed Jessica Caldwell, Director of Industry Analysis for Edmunds.com. "There are clear signs that the automotive industry is finally ...