New-Car Sales Headed for Double Digit Percentage Gains in 2011

07 Feb 2011

NADA Economist: New-Car Sales Headed for Double Digit Percentage Gains in 2011

SAN FRANCISCO, Feb. 6, 2011 /PRNewswire-USNewswire/ — Paul Taylor, chief economist of the National Automobile Dealers Association (NADA), said today that new-vehicle sales will reach 12.9 million units in 2011 as consumers benefit from higher trade-in equity and improving credit.

Last year, 11.55 million light veh

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