Dealers Enjoy Successful December Sales

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Bloomberg News - January 2, 2013

With Decem­ber sales fig­ures due out later today, Car and light truck sales in the U.S. prob­a­bly rose 9.6 per­cent in Decem­ber, accord­ing to a Bloomberg sur­vey of analysts.

Find out what helped to boost deal­ers’ great December.

Car and light truck sales in the U.S. prob­a­bly rose 9.6 per­cent in Decem­ber, accord­ing to a Bloomberg sur­vey of ana­lysts. That would cap a third-straight annual gain of at least 10 per­cent, the first such indus­try streak since 1973.

Lin­ger­ing replace­ment demand from own­ers of dam­aged vehi­cles and pur­chases deferred by super­storm Sandy on the East Coast may have boosted vehi­cle sales by about 50,000 in Decem­ber, Credit Suisse Group AG esti­mated in a Dec. 27 report.

Honda Motor Co’s sales increase in Decem­ber may lead all automak­ers with a gain of 31 per­cent, the aver­age of seven ana­lysts’ esti­mates. The Tokyo-based automaker intro­duced a revamped Civic com­pact and redesigned Accord sedan — its two top-selling mod­els — late last year.

Ford, No. 2 in U.S. auto sales, likely will report a 1.2 per­cent increase in Decem­ber deliv­er­ies, the aver­age of 10 estimates.

GM, the top-selling automaker in the U.S., prob­a­bly increased deliv­er­ies in Decem­ber by 2 per­cent, the aver­age of 10 estimates.

Toy­ota Motor Corp., poised to take back the title of world’s biggest automaker, prob­a­bly sold 10 per­cent more vehi­cles in Decem­ber, the aver­age of seven estimates.

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