Upcoming Events: (25 - 27 May 2012 ) Concorso d'Eleganza Villa d'Este | (17 - 19 May 2012 ) MILLE MIGLIA 2012
/ News, Sales Reports / US Auto Sales in December to top 13 million: J.D. Power

US Auto Sales in December to top 13 million: J.D. Power

US Auto Sales in December to top 13 million: J.D. Power

New-vehicle retail sales in December are projected to come in at 1,033,700 units, up 9 percent compared to December 2010, J.D. Power and Associates and LMC Automotive said on Thursday.

Total industry sales — including both retail and fleet sales — are expected to top an annualized pace of 13.4 million in December.

“For the third straight time, light-vehicle sales are posting strong selling rates at the close of the year,” said Jeff Schuster of LMC Automotive.

“Next year, the automotive industry will look to build upon the strong finish to 2011, but the real test in 2012 will be weathering a summer selling slowdown and posting a full year of a progressive recovery.”

U.S. auto sales have been trending higher since June, despite the still-weak employment and housing markets.

North American light-vehicle production has increased more than 9 percent through November 2011 from the same period in 2010. More than 1 million additional units have been built so far in 2011.

In addition, recovery efforts are nearly complete for Honda and Toyota after the earthquake and tsunami in Japan and flooding in Thailand limited their ability to maintain a normal production schedule.


by DUDU - Friday, December 23rd, 2011 - filed under News, Sales Reports. Image credit: INA. Visited 480 times, 1 so far today
Related Articles


Discuss: US Auto Sales in December to top 13 million: J.D. Power

















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Yokohama to supply control tires for GT ASIA
Yokohama to supply control tires for GT ASIAThe Yokohama Rubber Co., Ltd, the Japanese based tire maker announced today that it will begin supplying control tires for GT ...
Tesla shares up after Setting Delivery Date for Model S Sedan
Tesla shares up after Setting Delivery Date for Model S SedanShares of electric car maker Tesla Motors Inc. gained more than 5 percent in extended trade on Wednesday after the company ...
Moody’s: GM Could Be Upgraded To ‘Investment Grade’
Moody’s: GM Could Be Upgraded To ‘Investment Grade’General Motors Company (NYSE: GM) may soon get to be an ‘investment grade’ company on its credit ratings. Moody's Investors ...
Moody’s updates Ford Motor Credit rating to Baa3
Moody’s updates Ford Motor Credit rating to Baa3Moody’s Investors Service has raised Ford Motor Co. to investment grade – from Ba2 to Baa3, making it the second ratings ...
Mazda, Fiat to work together on small roadster
Mazda, Fiat to work together on small roadsterMazda Motor Corp. and Fiat SpA agreed to jointly develop a sports car , although the automakers will come up with different, ...
‘Cheap’ F1 worth billions - Ecclestone
‘Cheap’ F1 worth billions - EcclestoneMay 23 (GMM/Inautonews.com) Formula one is worth about $8 or $9 billion, as the sport's owner CVC confirmed it has this week ...
Valencia slashes seats at loss-making F1 race
Valencia slashes seats at loss-making F1 raceMay 23 (GMM/Inautonews.com) Valencia has once again reduced the capacity of its street circuit ahead of next month's European ...
Kovalainen wants midfield push for Caterham - manager
Kovalainen wants midfield push for Caterham - managerMay 23 (GMM/Inautonews.com) Heikki Kovalainen is looking for Caterham to move into the midfield, according to his new management ...
Finance police raid Monza
Finance police raid MonzaMay 23 (GMM/Inautonews.com) There is trouble afoot at Monza, the scene of the famous and historic Italian grand prix. On ...
‘Banned for life’ Maldonado lucky to be in Monaco
‘Banned for life’ Maldonado lucky to be in MonacoMay 23 (GMM/Inautonews.com) A favourite for victory this weekend, Pastor Maldonado is reportedly lucky to be gearing up to race ...
Brawn returns to paddock, praising Schu ‘quality’
Brawn returns to paddock, praising Schu ‘quality’May 23 (GMM/Inautonews.com) Ross Brawn should be firing on all cylinders as he returns to the pitwall in Monaco this ...
US Auto sales to rise 12.5% in 2012
US Auto sales to rise 12.5% in 2012Sales of new vehicles in the United States should exceed 14 million vehicles in 2012 – 12.5 more compared to 2011 despite the ...
Fuji Heavy Abandons Car Production Plan for China
Fuji Heavy Abandons Car Production Plan for ChinaFuji Heavy Industries quit its plans to build cars in China and lowered its sales target for the last year to 50,000 units. In ...
Chrysler Introduces “No Payments for 90 Days” Program
Chrysler Introduces “No Payments for 90 Days” ProgramChrysler recently introduced the “No Payments for 90 Days” Program for the 2011 and 2012 Chrysler, Dodge, Fiat, Jeep and Ram ...
Nissan Plans to Reach 10% of the Luxury Auto Market in China
Nissan Plans to Reach 10% of the Luxury Auto Market in ChinaRecently Nissan declared it plans to triple overall sales of its premium Infiniti brand in four years and acquire 10% of the ...
Read more automotive news


2012 New Cars Europe

2012 Mini Roadster
2012 Mini Roadster
2012 BMW 3 Series
2012 BMW 3 Series
2012 Audi RS5
2012 Audi RS5
Auto Transport | 



advertising

More automotive from inautonews
The Yokohama Rubber Co., Ltd, the Japanese based tire maker announced today that it will begin supplying control tires for GT ASIA from the opening round held in Malaysia on May 25. Once again it will be a battle of the Ferrari vs. Lamborghini with reigning Champion, Mok Weng Sun returning to the ...
read more
Inautonews Editors Section
[PHOTO GALLERY] 2012 Bucharest Motor Show (SIAMB)
[PHOTO GALLERY] 2012 Bucharest Motor Show (SIAMB)The 2012 Bucharest Motor Show, or SIAMB as it is known locally, has debuted on the 4th of April in Constitution Square, in the middle of the Romanian ...
Europe: 2012 Upcoming Cars Calendar
Europe: 2012 Upcoming Cars CalendarEven if the West European car market is widely forecast to be at least 5% down in 2012, most of the automakers are preparing to launch new vehicles ...
2011 BMW review
2011 BMW reviewBMW has apparently reached its peak back in 2011 when the German based automaker launched several new models and if you’ve missed them, you can ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety U.S. Officials Concerned Over Increasing Number of Motorcycle DeathsThe U.S. state highway safety officials are concerned over the increased motorcycle deaths, which ... Malaysia Government Pays $3.7 Billion Annually For AccidentsMalaysia Transport Minister declared that the government pays around RM9billion (S$3.7 billion) ...
Safety Section