In Novemeber, last month the car sales are up 15% from the same time last year. This is the highest rate that the cars have sold at since January 2008. Honda, Nissan, BMW and Hyundai had their best Novembers ever selling more cars this year in November than any other year. More than1.1 million cars were sold in November in the U.S. Most or a high percentage of those cars were imports rather than the domestic brands. Some of these sales were replacing the roughly 250,000 cars that were destroyed by Superstorm Sandy. So i dont think that it is a good sign to the economy but it is a good sign to automakers for sure.
http://www.latimes.com/business/la-fi-autos-auto-sales-20121204,0,2696209.story
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