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Auto Sales Jump in September After Modest Summer Performance

Houston-area car dealers enjoyed their best September since 1998.

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Car, truck, and SUV sales topped 35,000 units in September. That’s up nearly 15 percent compared to August and just over 7 percent compared to September of last year.

“It actually is the best September that we’ve had since 1998,” says Steve McDowell, president of InfoNation and publisher of TexAutoFacts. “Sales seem to be strongest in the segments that are supported by business activity, particularly construction. For example, pickup sales were up 22 percent for the month over the previous month, August.”

In addition, September showed improvement in sales of vehicles costing less than $20,000.

“That also is a good sign, because it shows entry-level buyers coming back into the market, as well as lower-income areas,” McDowell says.

Nationwide sales totaled close to 1.25 million vehicles in September. That represents a drop of more than 20 percent from August, though it’s still a 9 percent increase over September 2013.