USA - Car sales improved in December
Passenger car sales in the USA rose by 4.2% in December to 688,960 from 660,881. That reduced the full year deficit to 1.2% with total sales of 8,186,089 from 8,289,116. Although the rise was modest it was still the best result for the month for four years and coupled with the fact that sales in the final quarter rose by 1.2% overall to 1,895,613 from 1,873,406, it does suggest that the market has bottomed out, at least for a while.
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