Monday, December 5, 2011

The U.S. Auto Industry Picks Up

U.S. car sales hit an annualized 13.6 million in November, which is the highest level since the "cash-for-clunkers" boom in August 2009. This number is still a far cry from the 16-17 million cars per year that were sold in the country prior to the Great Recession, but it's a major improvement from the 10-11 million trough in the years that immediately followed.


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