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Posts Tagged ‘november 2011 car sales’

Car Buyers Back in the Market – And Paying More

November sales soar, even as transaction prices creep up.

by on Dec.01, 2011

Audi sets a new all-time sales record.

In the best showing in months , sales of new cars, trucks and crossovers climbed to an annualized rate of  13.5 million during November as virtually all the domestic, Asian and European brands posted double-digit sales increases .

In fact, several makers – including both Audi and Hyundai – announced all-time records for November.

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But the impact of the strong monthly showing is being felt well beyond the auto industry.  Following a solid October, when sales were driven by so-called pent-up demand, many analysts feared the November numbers would slide along with the rest of the economy.  But the strong showing in the automotive market suggests there’s more life to the overall economy than many had anticipated.


Auto Sales Soar in November

Momentum maintained despite initial concerns.

by on Dec.01, 2011

Volkswagen's renewed focus on the U.S. market led to a 40% surge in November sales.

Countering concerns that strong sales might lose their momentum heading into the winter, demand for cars, trucks and crossovers remained unexpectedly strong in November – offering a nudge to the struggling U.S. economy – especially with signs that the auto industry will be going on a hiring binge. will be updating this story throughout the day as more makers report November sales numbers.

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Sales of new vehicles were decidedly stronger than expected in November — a forecast by predicting an overall monthly increase of 12% — though the jump in demand varied sharply by brand.

Chrysler Group reported a 45% increase in sales last month while cross-town rival General Motors Co. posted a more modest 7% increase as automakers began reporting sales totals. Ford, meanwhile, landed in the middle, with a 13% hike in volume.


November Car Sales Could Be Best Since Mid-’09

Market keeps gaining momentum.

by on Nov.29, 2011

Increased availability of Japanese products, like this 2012 Toyota Camry, appear to have helped build November sales momentum.

The U.S. economy looks like it got a lift in November from new vehicle sales – which continue gaining momentum despite earlier concerns that the automotive market would cool down after a hot October.

Sales of new cars in November have climbed to a level last seen more than two years ago when the government’s “Cash for Clunkers” was in full swing, according to analysts who follow sales trends. Full results for the month are due December 1.

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“We’ve seen six straight months of year-over-year gains for new vehicle sales, which shows positive momentum for the auto industry,” said Jesse Toprak, vice president of Industry Trends and Insights for the automotive website