• November 23, 2011

Forget the Super Committee -- the auto market, at least, is moving. trueCar.com says November is looking like it will roll out the highest SAAR (seasonally adjusted annual rate of sales) for new vehicles since Cash for Clunkers.

The firm says retail sales are up for the fourth straight month. Incentives, however, are also up, by about 3%.

The firm says new light vehicle sales in the U.S. (including fleet) will be about 972,712 units -- up 11.5% from November 2010 and down 4.7 percent from October 2011. The SAAR for November would be 13.3 million new car sales -- up from 13.2 million in Oct. 2011 and up from 12.3 million in November last year.

Retail sales are up 12.2% compared to November last year and down 4.2% from October this year.