Preview: auto sales gain speed
U.S. automobile sales may have continued at the fastest pace since 2009 in December, carrying the industry to its first annual increase since 2005, Bloomberg reported before the release later today of industry sales data. Total sales probably ran at an annual rate of 12.3 million vehicles last month, the average of seven analysts’ estimates compiled by Bloomberg. October and November sales hit the same pace, the fastest since the U.S. government’s “cash for clunkers” program ended in August 2009.
Trending News
