Auto sales up in November

Auto sales up in November

Posted: Tuesday, December 6, 2011 7:02 pm

DETROIT (AP) — People are finally replacing the cars and trucks they held on to during the economic slump, giving a big boost to U.S. auto sales in November.
Chrysler, Ford, Nissan and Hyundai were among the companies reporting double-digit gains from last November, which is normally a lackluster month because of colder weather and holiday distractions.
This November, buyers were lured by good deals, improving confidence in the economy and the need to trade in older cars.
Industry sales rose 14 percent to 994,721, according to Autodata Corp.

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