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Truck deals, pent-up demand boost September U.S. auto sales

Reuters -- DETROIT (Reuters) - U.S. auto sales will likely rise 8 percent or more in September as dealers offered generous cash incentives on pickup trucks that amounted to as much as $10,000 a vehicle in some areas of the United States, analysts said.
The annual sales rate is expected to be around 14.5 million in September, according to a Reuters poll. That would mark the fourth straight month the sales rate has held above 14 million, buoyed by pent-up demand and attractive credit terms.
Automakers, led by General Motors Co (GM), are offering the cash incentives to help sell down excess truck inventory at a time when truck sales typically accelerate, analysts said.
Truck demand been slightly weaker than usual this year, due in part to high gasoline prices that have stayed near $4 a gallon this year,

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Submitted Sep 29, 2012 By: mastermariner

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DrCashFlow Champion Author Massachusetts Posts:7,061 Points:1,626,190 Joined:Jun 2008	Message Posted: Sep 30, 2012 11:15:01 PM Ignore DrCashFlow Report Abuse Profitless prosperity
mrpc90 Champion Author Illinois Posts:8,142 Points:1,926,390 Joined:Dec 2004	Message Posted: Sep 29, 2012 9:00:14 PM Ignore mrpc90 Report Abuse The pricing on pickups has become a complete joke.... over $50,000 for a Ford pickup?
Pete12 Champion Author Albany Posts:4,871 Points:1,643,240 Joined:Nov 2005	Message Posted: Sep 29, 2012 7:51:22 PM Ignore Pete12 Report Abuse If you need a truck you need a truck!
Cakes77 Champion Author Harrisburg Posts:5,156 Points:1,651,670 Joined:Aug 2006	Message Posted: Sep 29, 2012 6:56:14 PM Ignore Cakes77 Report Abuse The economy is improving.
335d1 Champion Author Virginia Posts:2,376 Points:758,070 Joined:Feb 2011	Message Posted: Sep 29, 2012 12:27:50 PM Ignore 335d1 Report Abuse Good time to buy if you need a truck.
LilRedWagonIN Champion Author Indiana Posts:7,771 Points:1,554,160 Joined:Oct 2008	Message Posted: Sep 29, 2012 10:54:25 AM Ignore LilRedWagonIN Report Abuse Cheaper to live in a truck than a foreclosed house. Can run from the payments until running out of gas.
doggod Champion Author Anchorage Posts:2,843 Points:740,385 Joined:May 2009	Message Posted: Sep 29, 2012 9:59:14 AM Ignore doggod Report Abuse So after they offer all these incentives and rebates, do the manufacturers actually make any money building these cars? Oh wait, it's led by Government Motors, and their largest stockholder doesn't care if they make money since the investment money wasn't theirs to begin with. Just make jobs, pump up the numbers so the politicians can look good. At least between now and November.
TruthMatters Champion Author New Jersey Posts:2,520 Points:533,235 Joined:Oct 2011	Message Posted: Sep 29, 2012 9:50:05 AM Ignore TruthMatters Report Abuse Pent up anything is never good under any circumstances
mitt4prez Champion Author Tacoma Posts:1,742 Points:1,245,225 Joined:Nov 2007	Message Posted: Sep 29, 2012 9:38:44 AM Ignore mitt4prez Report Abuse But alex935, if the bloody govt doesn't buy Govt Motors boondoggle cars, Govt Motors can't "make" any money. So the govt needs to run the taxpayers trhough the lemon squeezer once more to spend the money to maybe get the original dough back. And don't forget, the taxpayer "gets the original money" back when the govt sells its stake in Govt Motors, a task PT Barnum would back away from. If you believe this, your name is Krugman, who won his Nobel prize for spitting in Geo W.'s eye---and for no other reason.
Radar1992 Champion Author Florida Posts:1,320 Points:309,190 Joined:Dec 2011	Message Posted: Sep 29, 2012 9:34:30 AM Ignore Radar1992 Report Abuse Maybe the public is snubbing their noses at the green initiative and artificial spike in prices caused by the Administration and the Fed's QE3....
alex395 Champion Author Louisville Posts:2,045 Points:276,435 Joined:Jan 2007	Message Posted: Sep 29, 2012 8:58:38 AM Ignore alex395 Report Abuse No Government Motors purchases until or unless all $15 billion in taxpayer loss is repaid.
deputydog082 Champion Author Detroit Posts:1,781 Points:659,365 Joined:Apr 2011	Message Posted: Sep 29, 2012 8:05:13 AM Ignore deputydog082 Report Abuse buy American to keep manufacturing jobs here in America
Yooperheart Champion Author Michigan Posts:3,410 Points:526,050 Joined:Feb 2010	Message Posted: Sep 29, 2012 6:29:52 AM Ignore Yooperheart Report Abuse When you own a business you need to replace. Time to purchase is now, go for it.
ReddevilNO Champion Author New Orleans Posts:3,365 Points:580,340 Joined:Aug 2011	Message Posted: Sep 29, 2012 5:40:16 AM Ignore ReddevilNO Report Abuse Ok.
dr047 Champion Author Cleveland Posts:2,587 Points:516,470 Joined:Aug 2010	Message Posted: Sep 29, 2012 5:35:06 AM Ignore dr047 Report Abuse And your stuck with that Gas Sucking Hog. Hang in there Bunky!
JohnofGB Champion Author Flint Posts:5,416 Points:1,095,220 Joined:Feb 2010	Message Posted: Sep 29, 2012 5:15:26 AM Ignore JohnofGB Report Abuse Sell those trucks.
Joeski1 Champion Author New Jersey Posts:9,992 Points:1,740,860 Joined:Dec 2004	Message Posted: Sep 29, 2012 5:10:13 AM Ignore Joeski1 Report Abuse go get 'em..... that sucking sound is the fuels blowing out your hemi exhaust...
Rockyguitar Champion Author Tampa Posts:2,557 Points:1,201,595 Joined:Sep 2008	Message Posted: Sep 29, 2012 2:37:06 AM Ignore Rockyguitar Report Abuse This, along with high rebates, tells me that "retail" prices are artificially high. Just lower the retail and forget the rebates. The sales tax would be lower. A $1000 rebate nets only $934.58 because of a 7% sales tax.
The_DR Champion Author New Jersey Posts:2,780 Points:584,090 Joined:Aug 2011	Message Posted: Sep 29, 2012 2:12:54 AM Ignore The_DR Report Abuse yes!
mossimo36 Champion Author St. Louis Posts:2,660 Points:495,875 Joined:Sep 2011	Message Posted: Sep 29, 2012 12:52:44 AM Ignore mossimo36 Report Abuse Very good for the manufacturers.
10k Champion Author North Carolina Posts:21,244 Points:2,253,045 Joined:May 2006	Message Posted: Sep 29, 2012 12:47:11 AM Ignore 10k Report Abuse some of we peeps don't exist anymore-the U6's, you know, so we are off the grid when it comes to buying anything, except groceries and gas..
roadrunnerMO Champion Author Kansas Posts:8,401 Points:1,698,490 Joined:Jul 2008	Message Posted: Sep 29, 2012 12:14:39 AM Ignore roadrunnerMO Report Abuse New cars are just so overpriced what with union costs etc. Car mfgrs just cannot produce them cheap enough to make any money on sales.
KE4YBZ All-Star Author Knoxville Posts:578 Points:558,060 Joined:May 2011	Message Posted: Sep 29, 2012 12:02:36 AM Ignore KE4YBZ Report Abuse I would have loved to have added to the statistics... but unfortunately, I'm as broke as can be. Guess my '97 F-150 will have to last a little longer....
davenles Champion Author Texas Posts:3,196 Points:717,910 Joined:May 2011	Message Posted: Sep 28, 2012 11:50:43 PM Ignore davenles Report Abuse No help from me.
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:48:02 PM Ignore MidNJ Report Abuse Ok
7SPEEDY7 Champion Author Flint Posts:1,286 Points:604,700 Joined:May 2011	Message Posted: Sep 28, 2012 11:47:06 PM Ignore 7SPEEDY7 Report Abuse Very Nice!
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:46:29 PM Ignore MidNJ Report Abuse Submitted 30 minutes ago,
pa79th Champion Author Pennsylvania Posts:1,777 Points:1,215,875 Joined:Jun 2007	Message Posted: Sep 28, 2012 11:44:28 PM Ignore pa79th Report Abuse Old news, posted yesterday
skinsfan125 Champion Author Virginia Posts:1,553 Points:282,195 Joined:Jul 2010	Message Posted: Sep 28, 2012 11:44:14 PM Ignore skinsfan125 Report Abuse trucks have changed alot in the past 25 years. they ride smooth and can haul anything
boatfloyd Champion Author Jacksonville Posts:1,713 Points:387,000 Joined:Mar 2012	Message Posted: Sep 28, 2012 11:43:45 PM Ignore boatfloyd Report Abuse We all need a Bigger Truck :).
Kawibiker Champion Author Illinois Posts:1,170 Points:204,475 Joined:May 2012	Message Posted: Sep 28, 2012 11:41:10 PM Ignore Kawibiker Report Abuse people want what they want, and it is dumb, to keep building large cars and trucks.. unless it is for industrial use, or commercial.. they should not be making this stuff.. fuel is too much, mileage is too low.. and they wear out like everything else.. where are the small fuel effient cars and trucks? Natural gas, lp gas powered? electric? come on it can be done..
jorod55 Champion Author California Posts:1,470 Points:430,750 Joined:Dec 2011	Message Posted: Sep 28, 2012 11:40:35 PM Ignore jorod55 Report Abuse Better mileage, Lower fuel prices means more sales. Guess if they want better sales they ought to have a word or two with Big Oil.
FocusST2 Champion Author North Carolina Posts:8,138 Points:1,377,950 Joined:Jul 2009	Message Posted: Sep 28, 2012 11:40:13 PM Ignore FocusST2 Report Abuse With all of the incentives being offered look at how overpriced the trucks are.
crashintuc34 Champion Author Tucson Posts:4,042 Points:810,690 Joined:May 2010	Message Posted: Sep 28, 2012 11:35:01 PM Ignore crashintuc34 Report Abuse Alrighty then.
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:24:10 PM Ignore MidNJ Report Abuse PD, and all who post on GB. Voter fraud, on this site is happening! The question is, . . . How do we stop it from happening???
uglytom Champion Author Florida Posts:7,464 Points:1,542,015 Joined:Jul 2007	Message Posted: Sep 28, 2012 11:23:52 PM Ignore uglytom Report Abuse Swell
GAS1251 Champion Author Texas Posts:5,143 Points:1,625,255 Joined:Jun 2008	Message Posted: Sep 28, 2012 11:23:18 PM Ignore GAS1251 Report Abuse Can't afford the gas, can't even consider the track.
obimerrill Champion Author Cincinnati Posts:1,435 Points:288,740 Joined:Jul 2012	Message Posted: Sep 28, 2012 11:19:59 PM Ignore obimerrill Report Abuse I love a good truck, but the gas mileage is just not good enough these days
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:19:39 PM Ignore MidNJ Report Abuse . "22" votes so far!! WOW!!!
1momsunshine Champion Author Ottawa Posts:5,485 Points:999,605 Joined:Mar 2010	Message Posted: Sep 28, 2012 11:18:44 PM Ignore 1momsunshine Report Abuse hmm Interesting
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:18:36 PM Ignore MidNJ Report Abuse "." err, I mean, .
souly Champion Author Montreal Posts:1,760 Points:431,395 Joined:Jun 2010	Message Posted: Sep 28, 2012 11:15:54 PM Ignore souly Report Abuse thanks for the post
beale055 Champion Author Philadelphia Posts:1,292 Points:425,475 Joined:Jan 2012	Message Posted: Sep 28, 2012 11:15:13 PM Ignore beale055 Report Abuse Good
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:15:11 PM Ignore MidNJ Report Abuse PD, The article of the day is moving up!! It now has 22 votes!!! Ok?
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:13:46 PM Ignore MidNJ Report Abuse Oops, the article of the day just went to 20 votes!! OK!!??
KnoxGasPriceSpy Champion Author Knoxville Posts:140,847 Points:918,845 Joined:Oct 2010	Message Posted: Sep 28, 2012 11:13:17 PM Ignore KnoxGasPriceSpy Report Abuse all on credit... no doubt
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Sep 28, 2012 11:12:49 PM Ignore MidNJ Report Abuse 18 votes and less comments? Interesting, and OK!!
billk44077 Champion Author Cleveland Posts:3,172 Points:630,580 Joined:Aug 2011	Message Posted: Sep 28, 2012 11:11:32 PM Ignore billk44077 Report Abuse Ok
Glock26 Champion Author Dayton Posts:1,519 Points:631,410 Joined:Mar 2011	Message Posted: Sep 28, 2012 11:09:41 PM Ignore Glock26 Report Abuse Not worth it if the gas mileage sucks!!!
1fulltank Champion Author Buffalo Posts:7,898 Points:1,543,335 Joined:Nov 2008	Message Posted: Sep 28, 2012 11:08:22 PM Ignore 1fulltank Report Abuse Temporary.