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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

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,

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