It’s auto sales reporting day in the US and time to see where all the wage rises are being spent

Today we’re getting the US auto sales numbers for October.

• Nissan sales 13.3% vs 11.0% exp
• Honda 5.8% vs 7.7% exp
• Chrysler 22.0% vs 20.0% exp

It looks like there’s some good numbers coming out again this month as the floods of money that people are now flush with from massive jumps in wages translate into rampant car buying.