The October numbers are in for car dealers, and the news is - drum roll please - pretty darn good. If you follow the auto news, you know that GM had a really good month, with car sales up 5 percent. The company actually sold 176,630 cars last month compared 169,700 last October, a month that in all fairness wasn't a very good one for any business.
But the fact that auto sales overall were up last month, without any government programs or incentives, is good news for dealerships, good news for the economy overall and good news for car buyers.
It also shows that maybe some of the knucklehead on TV who blasted the government for helping the car companies don't know what the heck they're talking about that. But we already knew that.
While there's a lot of interesting stuff in the numbers, one thing that pops out is how well luxury brands did -- and that's good news here in South Florida.
Porsche was up 15 percent over last October, Mercedes up 9 percent and Jagular/Landrover up 5 percent.
Don't have local breakdowns yet but I can tell South Florida Hyundai dealers led the nation when it came to selling the Genesis, the closest thing the company has in the U.S. to a luxury car.
Coconut Creek Hyundai and Napleton Hyundai in West Palm shared top Genesis sales in the nation, further reinforcing that this is indeed a great luxury market.
Lets hope that next month's numbers are just as good.
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