With General Motors and Volkswagen AG leading the way, the U.S. auto industry busted out of a mini-slump in November, albeit with some help from major promotions.
GM’s total U.S. sales in November were up more than 10% over last year as Buick, Cadillac and GMC posted double-digit gains.
“GM’s November performance reflects the continued strength of our U.S. business. We gained profitable retail share, commercial and small business deliveries were strong and we commanded the industry’s best average transaction prices,” said Kurt McNeil, GM’s vice president of U.S. Sales Operations. (more…)