Kbb Predicts New-Car Sales for September

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Kelley Blue Book - September 26, 2012

Kelley Blue Book predicts an overall annual sales gain of between 7 and 10 percent through year-end.

Find out where September figures in that percentage.

September new-car sales will hit a 14.3 million seasonally adjusted annual rate (SAAR) in September, slightly down from the 14.5 million SAAR achieved in August, according to Kelley Blue Book….

This equates to an 8 percent year-over-year improvement, which is well below last month’s 20 percent year-over-year increase.  Although September sales do not appear as strong as August, to grasp the full picture, the sales environment at this time last year must be considered.

In terms of segment sales, Kelley Blue Book expects pickup trucks to be strong this month as domestic manufacturers introduce sales events.

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