Car sales increased again in the month of September, which made the auto industry a bright spot on what is otherwise a depressing economy.
As of Tuesday, total U.S. sales are anticipated to rise to over 1.1 million vehicles in September 2012. This number is up over 10 percent what it was the same time last year.
The increase in recent sales throughout 2012 are attributed to U.S. citizens buying more new cars again after settling with used ones for the past five years or so. People are feeling a little more secure in the job market then years past as well, which is also being attributed to the increase in sales.
Toyota's overall sales rose a staggering 42 percent compared to earlier this year, which is a good sign for them and has to be taken as an overwhelming success. Lexus moved up 35.7 percent from last year and Volkswagen went up 34 percent from this time last year, both huge increases for the companies that should be a sign of things to come for the rest of the year.
If strong sales numbers continue, the auto industry could wind up affecting the election results this November as well.
Since President Barack Obama bailed out Chrysler and GM, both companies have been making a profit and have created thousands of new jobs. Chrysler's sales increased 12 percent meanwhile GM's sales only increased 1.5 percent, but both companies should consider themselves lucky that they are producing cars still at all.
Obama overall helped saved 1 million jobs in the auto industry. Meanwhile Republican candidate Mitt Romney has stated many times at rallies and in speeches that President Obama should have let Detroit go bankrupt.
Nissan, which is still getting over last year's earthquake in Japan, fell 1.1 percent. Ford is also pretty happy to see September go, as the company didn't see an increase in sales at all.
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