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Edmunds analysts tackle the "stuck in first gear" August vehicle sales numbers. The industry saw a seasonally adjusted annual rate of 11.5 million units which is just about what the predictions have been for this August, and most of 2010. Year over year sales are virtually irrelevant here due to the spike produced by Cash for Clunkers.
For full details, see Edmunds AutoObserver.
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charlesb says:
09:26 AM, 09/ 2/10
Not having a bunch of inventory to put on fire sale will be to Toyota's benefit in the long run. Large SUV sales are not going to be sustained long term.
flicmod says:
01:02 PM, 09/ 2/10
+1 charlesb. Agree fully.