US November Auto Sales Strongest In Years

[Purveyor]

Source: REUTERS

Five of the top six automakers sold more cars and trucks in November than analysts expected, with a surging economy, heavy discounting and falling fuel prices luring consumers into U.S. showrooms.

General Motors on Tuesday said November sales rose 6.5 percent to 225,818 vehicles.

"Lower gasoline prices are helping the entire market, not just SUVs and trucks," said GM spokesman Jim Cain, adding that fuel prices "are just one factor among many that are helping boost sales industry-wide." He cited a stronger economy, improving consumer confidence, higher wages and lower unemployment.

Sales of GM's Chevrolet Silverado and GMC Sierra full-size pickups climbed 34 percent to 65,343. The big trucks accounted for 29 percent of GM's total sales volume in November.

Read more: http://www.cnbc.com/id/102231341

[olddots]

1. when they say full size they mean gigantic

AMERICA. FUCK YEAH !

[Purveyor]

2. And with a 'gigantic' price tag! $30-60k for a pickup truck, really?

Leasing is very popular these days but eventually these high priced vehicles will have to be 'sold' to somebody and at stiff discount I suspect.