January 2012 Auto Sales
Off to a flying start.
After the strong finish to 2011, auto industry insiders were looking ahead to 2012 with great expectations. All were predicting a year of higher sales -- for their own companies, naturally, but also for the industry overall. Most estimates were that sales could grow from 12.8 million units in 2011 to well into the 13 million-unit range in 2012. The January figures are now in, and in the first month of the new year, we're actually on a pace to top the 14 million mark. Sales were up by 11% over January 2011 and yet incentive spending has pretty much held steady. Another few months like this and analysts will have to revise their estimates upward.
Photo Gallery: January 2012 Auto Sales - Automobile Magazine
Photo Gallery: January 2012 Auto Sales - Automobile Magazine
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January 2012 Auto Sales was originally published by Automobile Magazine. Read the full story by clicking here.