Huge Auto Sales For November

Reuters, Tuesday, December 4, 2012 8 AM
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Analysts were predicting a strong November, and that has come to pass. Partly because of post-Sandy replacement demand, auto sales hit a five-year high for November. Sales rose 15% to 1.14 million vehicles. Ford, Honda and Nissan bested expectations. Toyota and Hyundai also reported strong increases that industry executives and investors said should continue through the end of the year.

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