U.S. consumers took advantage of cheap financing to ditch aging cars in November, pushing U.S. auto sales for the month to the strongest pace in more than four years.
Sales of cars and light trucks jumped 15% to 1.14 million in November compared with a year ago and the seasonally adjusted annualized sales rate was 15.5 million, the highest since January 2008, said market researcher Autodata Corp.
Source
The Wall Street Journal