US auto sales on best run in 40 years

US auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 per cent gains, only the fourth such streak since the Great Depression.

10th May, 2012
Sales this year may reach 14.3 million cars and light trucks.

US auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 per cent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms.

Automakers are adding overnight shifts and cutting workers’ vacations to meet demand.

Sales this year may reach 14.3 million cars and light trucks, equal to the first-quarter pace, according to estimates from 14 analysts compiled by Bloomberg....

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