Long Live the SAAR!

[Rope-Pusher]

STAR-SPANGLED SAAR
While economic problems continue to dominate the headlines, car sales continue to be one of the few bright spots in the American economy. Ward’s reports that the October SAAR, or seasonally adjusted annual selling rate, could come in at 13.6 million units. That would be up 15 percent over a year ago, mainly thanks to Toyota and Honda getting back to normal levels of production. Ward’s predicts both companies will make significant gains in market share. It says the total market will be down somewhat compared to September, but that normally happens, and the month-over-month decline will be smaller than in the past