Just over 18 million which is stronger than expected, with continuing ‘pent up demand’ from the sales collapse that started in 08. Lots of imports and import content, so not going to do much for GDP. Back to levels of 10 years ago, but the population is also about 15% higher. September included the labor day weekend this year, and so analysts anticipate a reduced selling rate going forward:
Auto stocks don’t seem impressed:
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