DETROIT — (WWJ) Car and truck sales remain a bright spot in a weak recovery, jumping 13 percent in September. The seasonally adjusted annual sales rate hit 14.9 million. That’s the best showing since March of 2008.
“What we are seeing is all this pent up demand that build up through the recession, when people couldn’t buy cars, they just didn’t know their employment status, they couldn’t get credit,” said Edmunds.com analyst Michelle Krebs. “Now, they are back in the market.“