demand held back by government shutdown worries in September and October were unleashed during the late November period. U.S. November Auto Sales recap . CNBC interview with AutoNation's Mike Jackson AN +1.5% premarket. 1 comment!
good economy is good for stocks or bad for stocks, because, in the latter scenario, the Fed might raise rates. Although auto sales were the strongest in 6 years, the Dow gave up 98 points on "anxieties" over an improving economy. Many stocks are still
BEIJING, Dec 4 (Reuters) - General Motors Co and its Chinese joint ventures sold 294,500 vehicles in China in November, a 13.3 percent increase from a year earlier, the U.S. automaker said on Wednesday.
* Says Jan-Nov auto sales up 3.14 percent y/y at 156,445 units
TORONTO, Dec 3 (Reuters) - Ford Motor Co's Canadian arm maintained its spot as the country's best selling brand, data released on Tuesday showed, as growing demand for trucks helped power a sixth consecutive monthly record for Canadian vehicle sales in November.
DETROIT (Reuters) - Major automakers reported their best U.S. sales month in six and a half years in November as aggressive discounting and the continued popularity of big pickup trucks helped trounce Wall Street forecasts.
* November sales rise 8.9 pct, monthly rate hits 16.41 mln
BMW ( OTCPK:BAMXY ) unit sales -0.4% to 36,327. The automaker thinks late-month momentum in October is indicative of how the last two months of the year will go. Sales by brand: BMW +1.7; Mini -12.8%; BMW Motorcycles +5.7%. PR Post your comment!
Toyota ( TM ) reports a late-month rush of sales helped it blast past the estimates of analysts for November. During the Thanksgiving weekend, sales rose 35% Y/Y. The Toyota division saw sales increase 9.7% to 152,433 - while sales at Lexus rose 12.7% to 25,611. Sales by model: Camry +5.6% to ...
Though it's clear that automobile sales in the U.S. are booming as the industry brushed aside a tough Superstorm Sandy-boosted comparison to topple the sales estimates