Automakers sold 1,144,840 units in December, up 11 percent from a year earlier, and eclipsing May’s 1,103,084 sales as the best month in 2010. Over the past decade, December is on average the fourth strongest sales month of the year. Sales momentum built gradually in 2010 after demand plunged to a 27-year low of 10.4 million in 2009.
December also boasted a seasonally adjusted annual sales rate of 12.6, as measured by Autodata Corp. That was the third straight month above 12 million and the highest SAAR since the U.S. cash-for-clunkers incentive in summer 2009.
Article Courtesy of Jesse Snyder, Automotive News