US market posts strong growth despite UAW strikes

US LV sales totaled 1.34 million units in September, according to GlobalData. The annualized selling rate accelerated from 15.1 million units/year in August, to 15.7 million units/year in September, similar to the levels seen in June and July. The daily selling rate was estimated at 51,600 units/day in September, compared to 49,300 units/day in August. After a slightly disappointing August, September appears to have heralded a rebound in activity, with the Labor Day weekend possibly contributing to results that exceeded expectations. According to initial estimates, retail sales totaled around 1.165 million units, while fleet sales accounted for approximately 177k units, representing around 13.2% of total sales, the lowest share for 12 months.

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