#NewCarSalesDecember2011
New Car Sales Expected Up Around 10 Percent In December And For The Year
When U.S. new-vehicle sales will be announced tomorrow, there should be gains of around 10 percent compared to December the year before, a panel of 30 analysts surveyed by Thomson Reuters reckons. The gain will mostly go on account of the fabled pent-up demand, which suddenly is a bad thing. Gains are linked to buyers who delayed purchases do not indicate a strengthening economy, analysts tell Reuters.
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