Reporting Jeff Gilbert
DETROIT (WWJ) – It looks like the car companies will be very happy when September car sales numbers come out on Monday.
WWJ AutoBeat Reporter Jeff Gilbert reports that it’s a case of stronger inventories meeting pent-up demand.
J.D. Power analyst Jeff Schuster tells WWJ that Labor Day is when it all started:
“We then saw the second week increase beyond that, in the third week … remained stable if not nudged up even a little more,” said Schuster.
But Schuster states that with the weaker economy, it’s much harder to predict future sales.
“There’s still a fair amount of risk heading into the fourth quarter, and I think some of that risk is being pushed out to 2012,” added Schuster.
September may well be the best sales month since April of this year.