JPMorgan expects pent-up demand to help lift auto sales 14% Y/Y in December to 15.4M vehicles,...

|By:, SA News Editor

JPMorgan expects pent-up demand to help lift auto sales 14% Y/Y in December to 15.4M vehicles, although the firm notes the drama of the fiscal cliff talks in Washington throws a wildcard into the mix. A survey of consumers shows a good portion will rethink their pending automotive purchases due to the uncertainty over tax rates.