January auto sales signal strong 2013
Feb 04, 2013 | 04:01 PM
| Corinna Petry
CHICAGO Light vehicle sales in the United States by the top seven automakers improved 15.6 percent in January from the same month last year, and were up 54.8 percent from January 2010, according to an AMM analysis. Last months sales were down 21.6 percent from nearly 1.14 million vehicles in December, but the end-of-year holidays are considered a prime auto purchasing period.
"The sales pace we saw in the fourth quarter of last year rolled into January, exceeding our expectations for the industry," Bill Fay, general manager at Toyota Motor Sales USA Inc., said during the automakers monthly sales call. "Thats especially good news because we think everyone was a little apprehensive about the start of the year, given the fiscal-cliff debates, (income) tax rates and because January is normally a slower month."....
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