U.S. consumers bought new cars and trucks at the fastest pace in nearly five years in November as growing confidence in the economy, low interest rates and the need to replace cars damaged by Superstorm Sandy drew customers to showrooms.
Automakers sold 1.14 million vehicles in November, a 15% increase from the same month a year ago.
On a seasonally adjusted annual basis, the sales equated to a rate of 15.5 million -- the strongest pace since January 2008.
Source
Detroit Free Press