While the U.S. car market is still underachieving compared to the best results of the last decade, December sales are expected to significantly contribute to the annual forecast of about 12 million sold vehicles, as 2010 is clearly ending with an uphill trend, according to industry analysts.
“That's a long way from the 16 million and 17 million sales rates that we experienced for the better part of this decade. But we're coming out of 2010 on an upswing and I think this bodes well for 2011”, said Ford Motor Co. sales analyst George Pipas.
Read more »