December U.S. auto sales, spurred by end-of-the-year bargains, likely rose about 4 percent from a year earlier, industry analysts said. If confirmed, that would mean 2013 will end as the best for U.S. auto sales since pre-recession 2007, at around 15.6 million new cars and trucks sold, which would be an increase of about 8 percent from 2012. U.S. consumers are expected to spend more than $34 billion on new vehicles in December, a historic high for the month, said J.D. Power & Associates, which said the annual sales haul would also be a record at more than $370 billion. Auto sales continue to outpace the recovery of the U.S. economy.
via Business News - Yahoo Finance http://finance.yahoo.com/news/u-december-auto-sales-seen-220925020.html
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