The Traderszone Network

Published in TZ Latest News 1 December, 2015 by The TZ Newswire Staff

U.S. November auto sales up as promotions spur consumers

U.S. auto sales rose in November on strength in sport utility vehicles and marketing promotions while industry sales were forecast rising above 18 million vehicles on an annualized basis. General Motors Co (GM.N) said on Tuesday the U.S. auto industry will sell 18.2 million vehicles for the month at an annualized rate. Most analysts predicted 2015 sales will top the record of 17.35 million vehicles in 2000, according to the U.S. Bureau of Economic Analysis.