US: Low base effect boosts sales growth rate in Dec

The automotive industry in the US ended 2009 on a high, thanks to a low base effect which resulted in sales of 894,805 in December 2008. Last month, sales totalled 1,029,936 units, a year-on-year increase of 15.1%. This, however, could not prevent full-year sales figures for new cars, SUVs and pick-ups, It’s time to log … Continued

• By Webmaster
• January 6, 2010