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US Auto Sales Strong

US Auto Sales StrongUS Auto Sales Strong

US automakers reported strong December domestic sales to cap off a solid year of growth, with consumers still readily buying cars and trucks despite a record year of recalls, AFP reported. Analysts estimate the December surge took the total 2014 US market to more than 16.5m vehicles, giving the industry its best year since 2006, just before the economy began sinking into crisis and recession. GM reported that it had the best December in seven years, with a 19% year-on-year rise in US unit sales. That brought the top US automaker’s total for 2014 to 2.94m vehicles, a 5.3% rise.

Financialtribune.com