September 05, 2013
Jerry Hirsch

Strong August auto sales numbers revealed a problem last month that Ford, GM and Chrysler once would have begged for — not enough cars to sell.

Automakers sold 1.5 million vehicles last month, a 17% gain over the same month a year ago and one of the best showings since 2007, before the Great Recession set in, according to Autodata Corp.

The sales were higher than expected, said Michelle Krebs, an analyst with auto information company Edmunds.com, and were "even more positive than the overall numbers imply, as individual car buyers, not fleet sales, are behind the surge."

Source
Los Angeles Times