New-car sales pace in December to top 13 million: J.D. Power

27 Dec 2011 2:05 PM | Anonymous
U.S. auto sales in December are expected to top 13 million on an annual rate for the fourth consecutive month, indicating uncertainty about the economy has not slowed the industry down, J.D. Power and Associates and LMC Automotive said on Thursday. They forecast the annual selling rate for new cars in December at 13.4 million, up from 12.5 million in December 2010. "For the third straight time, light-vehicle sales are posting strong selling rates at the close of the year," LMC Senior Vice President Jeff Schuster said in a statement.
Source: Reuters

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