- Several major automakers posted lower sales in September in another sign that a peak in demand may have been reached. Ford (NYSE:F), Fiat Chrysler Automobiles (NYSE:FCAU), and Volkswagen (VLKAY) all saw volume drops, while Nissan (OTCPK:NSANY), Toyota (NYSE:TM), and Subaru (OTCPK:FUJHY) gained some market share during the month.
- Once again, pickup sales were strong in the U.S. Ram pickups stood out with a 29% increase over last year's mark.
- Average transaction prices rose by about 2.5% in September, according to an estimate from Kelley Blue Book.
- The industry could still have a record year if demand is strong in Q4, although some analysts are warning on the impact of the higher level of discounting on profit.