Friday, December 2, 2011

November car, truck sales soar 14%

"U.S. consumers snapped up nearly 1 million cars and trucks in November -- the strongest selling pace since August 2009 when a federal incentive program artificially inflated sales.

November's 14% increase from a year earlier was driven by improved consumer confidence, major marketing campaigns and a better selection of cars and trucks -- especially at Asian automakers.

The industry sold cars and trucks at an annual pace of 13.6 million, marking the third consecutive month that the rate exceeded 13 million."  [Continue reading...]

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