The key ingredients for strong sales exists – low unemployment, high confidence, and credit availability.
Sales of the Chattanooga-made Atlas climbed 29 percent in October over the same period last year as the number of SUVs sold helped fuel Volkswagen of America’s results last month.
Volkswagen sold 4,725 of the seven- seat Atlas SUV in the month. Total sales for the automaker rose 4.6 percent to 29,000 in October compared to a year ago, VW reported Thursday.
Across the auto industry, October auto sales in the U.S. came in higher than expected, according to Cox Automotive, and beat its forecast of 1.33 mil- lion vehicles.
Charlie Chesbrough, senior economist for Cox, said the results were surprising.