Big 6 Auto Sales August 2010

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Written by Dennis LeMire

Thursday, 02 September 2010 15:53

An Auto Consultant like LeMire Consulting watches these numbers for trends and clues as to what the industry is doing as a whole.  We can judge pricing changes based on demand and inventory levels, as well as the lack or abundance of sales.  All of that car nerd talk should have you all excited to keep reading, so I won't keep you from more riveting industry examination!  

August was the month Cash for Clunkers hit in full stride last year.  Comparing 2010 sales numbers to the artificially inflated 2009 numbers isn't going to tell us a lot about the state of affairs in the industry.  If these numbers had shown an increase or even holding steady, we could declare the industry to be in full recovery.  

Most manufacturers are toeing the company line about overall year to date sales being up over 2009, however the undertones all say they expected better out of August.  Sales in August vs July 2010 are fairly even across the board.  With summer wrapping up and inventory levels still low, we here at LeMire Consulting do not expect a huge jump in sales numbers the rest of the year.  The gains that have been made may be all we see this year.

Any thoughts on our car nerd rantings?

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Last Updated on Thursday, 02 September 2010 20:31