Slight Gain Expected in U.S. September Auto Sales

Washington DC Octobewr 3, 2006; The AIADA newsletter reported that cheaper fuel and showroom discounts in September have analysts anticipating a slight gain in U.S. auto sales for the month, reports Reuters. Automakers will report monthly sales figures today, with Toyota and Honda emerging again with a greater share of the market, according to analysts. With gas prices dropping to $2.32 per gallon, sales for some of the light trucks and SUVs on the market are likely to rise. Jesse Toprak, auto industry analyst for Edmunds.com, said that while he expected sales of large SUVs to decline for the month, mid-sized SUVs would see a sales gain of 15 percent.