US sees auto sales fall 10.6% month on month in November

Dec 02, 2009 | 06:23 AM | Corinna Petry

Car and light truck sales by the top seven brands in the United States fell 10.6 percent in November after rising 13 percent month on month in October, according to an AMM analysis.

November sales in the United States by General Motors Co., Toyota Motor Corp., Ford Motor Co., Honda Motor Co. Ltd., Chrysler LLC, Nissan Motor Co. Ltd. and Hyundai Motor Co. last month totaled 630,190 units, for an annualized rate (not seasonally adjusted) of 7.56 million vehicles. October sales volume, rebounding from September's 41.9-percent decline after the "Cash for Clunkers" incentive program ended, was 704,676 units, for an annualized rate of 8.45 million vehicles.

GM is now projecting a seasonally adjusted annual sales rate (SAAR) of 11 million units for all of 2009, up from the 10.7-million-unit estimate it gave after October data was published.....

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