Luxury Car Sales Rebound in September
Do you ever watch the business news and wonder who’s making money in the stock market when most people you know are cutting back? Inexplicably, luxury automakers saw sales bounce back in September.
While sales of Toyota were down 19% in September, Lexus saw sales go up 7%; that’s mostly because of the new RX crossover, which had an uptick of 70%.
Ford sales were down 6%, but sales at its Swedish Volvo brand were up 16%, thanks largely to the new XC60 crossover.
With relatively no new models in its lineup, BMW sales were up 3%.
Even at GM where sales were down 45%, Cadillac sales were down just 8% because of swift sales of the redesigned SRX crossover.


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