Auto Sales Remain Strong

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 |  Includes: IYT
by: Calafia Beach Pundit


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November auto sales exceeded expectations (13.59M vs. 13.40M) and are up almost 11% in the past year. From the disastrous low in early 2009, sales are up almost 46%. They are still well below their pre-recession levels, but double-digit growth rates are nevertheless impressive.