Running a Shop Sales+Marketing Research+Reports News

Reports: December Auto Sales to See Increase

Order Reprints

Dec. 31, 2013—According to Reuters, December U.S. auto sales are expected to show a 4 percent year-over-year increase when automakers report their final numbers on Friday.

It’s estimated that roughly 15.6 million new cars and trucks were sold in 2013, an increase of about 8 percent over 2012. And if that number holds true, it would make 2013 the most successful year for the industry since the pre-recession levels of 2007.

Based on those numbers, consumers will have spent $34 billion on new vehicles in the final month of 2013. Low interest rates on loans, lease deals, and other factors contributed to the rise in sales, Reuters said.  

Related Articles

Prices Increase as Auto Sales Continue to Gain Momentum

Federal-Mogul Reports Increased Sales for Q3

Saleen Automotive Reports Increased Third Quarter Sales

You must login or register in order to post a comment.