Auto Sales Back On Track?

US auto sales are on the rise, leaping to 15.46 million and 15.3 million on a seasonally adjusted annual rate (SAAR) in November and December, respectively versus 14.22 in October. While the recovery has been rapid to the point of questioning if this kind of growth is ultimately sustainable, it’s nonetheless welcome data for industry suppliers. The US light vehicle fleet has been generally aging for over a decade but the current record average age of 10.8 years should continue to boost sales as consumers buy new autos.

Auto Sales Back On Track?  - autosales