January 2012 Monthly Industry Briefing: Motor Vehicles M 26 Jan 2012Oxford EconomicsJanuary 26, 2012 3 Pages - SKU: OFE6784679 |
| December's data were generally positive for the US automotive industry. Production rebounded after a poor performance in November, to stand 16.9% higher than a year ago for motor vehicles and 10.4% higher when parts' output is included. Moreover, sales in December sustained November's annualised rate of 13.6mn, well above the 2011 average of 12.8mn light vehicles. Confidence in the likely 2012 performance is increasing, in part as the average age of the vehicle parc (at 10.8 years) hit a record high in 2011. |
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