U.S. sales rise 2.2% in December - Automotive News

U.S. sales rise 2.2% in December – Automotive News

U.S. sales rise 2.2% in December – Automotive News. U.S. auto sales rose 2.2 percent in December, capping a year that saw overall volume rise 0.6 percent even as automakers endeavored to counter slumping car demand with record light-truck deliveries.

December — with sales of 1.639 million — turned in the second-best month of the year on a volume basis. And the seasonally adjusted, annualized rate of sales in December — 17.72 million — was a high for the year, providing automakers with some momentum and optimism heading into 2019.

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U.S. light-vehicle sales closed out 2018 strong - Automotive News

U.S. light-vehicle sales closed out 2018 strong

U.S. light-vehicle sales closed out 2018 strong – Automotive News. Despite rising interest rates and a volatile stock market, U.S. light-vehicle sales closed out 2018 strong. The SAAR of 17.51 million in December 2018 was the second highest of the year.

Those sales were given a midyear boost, as new tax laws put more money into the pockets of consumers and provided favorable incentives for business owners to purchase new light trucks for their businesses. Automotive News by Luxury Care.

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