While the sales rate was up, unit sales were lower compared to last year due to Labor Day timing.
Given a relatively small number of selling days, 23, and with Labor Day volume counted in August, total U.S. auto sales in September are expected to be much lower than the year-ago and month-prior levels, but the sales rate was up compared to August and last year. On a volume estimate of 1.18 million units, S&P Global Mobility expects U.S. light vehicle sales in September to realize a calendar-induced decline of approximately 12% year-over-year.
On the bright side, this would translate
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