Best car sales since early '08

[Contrary1]

NEW YORK (CNNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years.

Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles. That easily topped most forecasts and was even better than the spike in sales caused by the government's "Cash for Clunkers" program three years ago. The last time sales reached this level was February 2008, before gas prices surged and the financial meltdown caused a deep, sustained drop in auto sales.

The sales pace came despite some disappointing results from the two leading Detroit automakers.
General Motors (GM, Fortune 500) reported only a 1.5% increase in sales from year-ago levels on Tuesday, while Ford Motor (F, Fortune 500) sales slipped 0.1%. Both results were a bit below forecast.

But Chrysler Group reported that sales jumped 12% from a year earlier, easily topping forecasts. Toyota Motor (TM) also beat expectations, reporting its sales surged 41.5% from year-ago levels, while Honda Motor (HMC) posted a 30.9% jump in sales as well. A year ago both automakers were struggling with limited supplies of vehicles due to the Japanese earthquake and tsunami..."

http://money.cnn.com/2012/10/02/news/companies/car-sales/index.html?hpt=hp_t3

[GentryDixon]

1. I helped.

I bought a 2012 Chevy Equinox LS. I love it. We took a trip from Salt Lake to Cody, Wyoming, and averaged 36.5 MPG.

[liberal N proud]

2. Great reminder who President Obama saved the industry.

Romney would have killed GM & Chrysler while letting Big laden go free.

[notadmblnd]

3. I saw my first electric car in someone's garage today

I was pleasantly surprised.