US: December sales bring holiday cheer
Author: Bill Cawthon | 5 January 2012
December was quite merry for automakers. US light vehicle sales rose 8.9% to an estimated 1.24m units, producing a seasonally adjusted annualised rate (SAAR) of 13.56m, down slightly from November's 13.63m mark but still the second best reading of the year. Full year sales came in somewhat above 12.7m, in line with just-auto estimates.
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