Business

US Auto Sales Rise 6 Percent in September; EVs Hit Record

Cox Automotive credited EVs as a major contributor to recent sales. Consumers have until the end of September to claim $7,500 EV tax credit.
US Auto Sales Rise 6 Percent in September; EVs Hit Record
Electric vehicles are charging at a charging station in Monterey Park, Calif. Frederic J. Brown/AFP via Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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September’s new-vehicle sales may set the stage for the remainder of the year.

New data released on Sept. 25 by Cox Automotive shows the seasonally adjusted annual selling rate (SAAR) is expected to reach nearly 16.2 million in September, up from 15.8 million a year ago and 16.1 million in August.
Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.