US: November another good sales month

Author: Bill Cawthon | 2 December 2010

November was another good month for automakers. According to Ward's, more than 869,000 cars and light trucks left dealer lots, down 8.2% compared to October but 12.0% ahead of November 2009. Crunching those numbers yields a seasonally adjusted annualised rate (SAAR) of 12.26m light vehicles, the same as to October, indicating a slow but steady recovery. So far this year, sales are up 11.1%.

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