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December Vehicle Sales Jump Up 15 Percent

Posted by Justin on 12 28th, 2009

December Vehicle Sales Jump Up 15 Percent

According to AutoWeek as well as JD Power and Associates, automobile sales have been given a big boost and should be expected to post a 15% gain for the month of December.  It is not uncommon for a year-end rally in major industries, but with the turbulence the automotive world has had to endure over the last year and a half, any news is good news. A 15 percent hike is great news.

Right now, the number of December sales is listed at 1.03 million vehicles. This time last year, that number was just a shade under 900,000.  This increase could be indicative of several factors, most notably a gradual economic recovery. The Cash for Clunkers program did help August see some gains but the only other month to see a positive was November, where the number was minimal.

This could be the spark the industry has been waiting for. Here’s hoping the new year brings another step forward!

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