U.S. car sales jump 6.1% in September
U.S. light vehicle sales of 1,523,867 units in September were up 6.1% compared to the same month in 2016, due in part to the demand for replacement vehicles after the disastrous effects of Hurricane Harvey.
Truck and SUV sales increased 12.4% from last September to 967,547 units, while passenger car sales declined 3.3% to 556,320 units.
At 18.57 million units, the overall SAAR for September was at its highest point for 2017.
The SAAR was 6.81 million units for passenger cars and 11.76 million units for trucks.
General Motors and Ford sales were up 11.8% and 8.9%, respectively, while FCA sales sank 9.7% compared to September last year.
Passenger car sales for GM, Ford, and FCA were down 11.4%, 1.3%, and 25.5%, respectively, continuing their slide.
Toyota, Nissan, Honda, and Subaru sales were up 14.9%, 9.5%, 6.8%, and 0.4%, respectively, compared to last September.
Hyundai sales decreased 14.4%, with passenger cars down 26.0%, while Kia sales increased 6.6%, with passenger cars up 15.0% from September last year.
Among German companies, BMW and Daimler sales decreased 0.2% and 2.2%, respectively, while Volkswagen Group sales increased 22.8% from the same month last year.
Volvo sales increased 40.7% and Jaguar Land Rover sales increased 16.9% from last September.