Thursday, January 3, 2013

cars sales go up

In five years they think car sales will go up. At the end of last year 2012 there was 14.5 million sales. It went up 13% form 2011 and its the largest sales increase since 1984. Jesse Toprak said "It certainly shows the demand is coming back". This really surprises me with such high gas prices and with the was our economy is. They say that improving employment and better financing is helping increase sales. Also people are buying used cars and trading in their old cars to get a new one. This is helping too and that is also included in the 14.5 million. So its not just brand new cars people are buying. Are things starting to turn around that people are spending money on new cars with the high gas prices?
 http://money.cnn.com/2013/01/03/news/companies/car-sales/index.html?hpt=hp_t3

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