January 2013 Car Sales: A Super Kick-Off

February 6, 2013 11:15 AM

January 2013 Car Sales: A Super Kick-Off

" Strong retail numbers pushed car sales higher in January, with double-digit gains scored by five of the Big Six automakers and by a host of other brands.

For the month, J.D. Power and Associates and LMC Automotive estimate the pickup at 8 percent, with a seasonally adjusted annual rate (SAAR) at the retail level of 12.9 million units, and overall, of 15 million units.

The industry’s recovery isn’t quite complete, but the end is in sight, reports John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates "

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