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Auto Sales Up to Start 2011

One more positive sign the economy is turning around, U.S. auto sales are up to start 2011. The nation’s automakers saw a double-digit percentage increase in sales for January as they welcomed more traffic to their showrooms. 

I found this information on Money.CNN.com:

Auto Showroom
Scott Olson, Getty Images

General Motors, Ford and Chrysler Group all reported sales figures that matched or exceeded analysts’ expectations. The gains were driven by sales to retail customers, who were undeterred by severe winter storms in many part of the country in January.

“You can’t get those kind of numbers without consumer demand,” said Jesse Toprak, vice president of industry trends at TrueCar.com.

See the full article at Money.CNN.com.

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