Auto Update - U.S. SAAR October, November 2009

11/4/2009 — An update from Autodata Corp. — In October, 838,052 cars and light trucks were sold in the U.S., for a seasonally adjusted annual rate of 10.46 million units. Over the past decade, the auto industry enjoyed annual sales of about 17 million units, but times have changed. General Motors is now making business decisions with the assumption that 10 million units will be the new “normal” annual rate for a while.

12/6/2009 — An update from Autodata Corp. — November numbers are now available. The SAAR for November 2009 was 10.93 million vehicles.