Chrysler reports strong sales in November
Milk and butter fat receiving depot and creamery, Caldwell, Idaho (LOC) by The Library of Congress
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License (according to Flickr): No known copyright restrictions
It was a dark and stormy October, but that didn't stop consumers from heading to auto lots the next month to buy more Chrysler and Hyundai vehicles. Pent-up demand because of aging U.S. autos has been helping to drive auto sales for months. November was no exception. Chrysler, majority owned by Fiat, said Monday that sales rose 14 percent to 122,565 cars and trucks, its strongest result since 2007 before a recession pushed the U.S. automaker and General Motors Co into bankruptcy. It predicted that industry-wide sales would run at an annual rate of 15. 3 million in November, making it the best month in more than four years. Hyundai said its sales rose 8 percent last month over a year earlier. And Nissan reported U.S. sales rose 13 percent from a year earlier to 96,197 vehicles. The rest of the industry is scheduled to report November sales on Monday.
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| -0.175126 | "We were also very encouraged by the strong sales recovery experienced in those northeastern regions that were ravaged by superstorm Sandy and expect continued momentum there for the balance of the year," he added. ... |
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Chrysler reports strong sales in November
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It was a dark and stormy October, but that didn't stop consumers from heading to auto lots the next month to buy more Chrysler and Hyundai vehicles. The reason? Pent-up demand.
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