| Automakers End the Year With a Flurry and Buy Ford, GM Options Straddles on Auto Show Volatility, Goldman Sachs Says |
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All the streamers and confetti have been cleaned up, the new calendars are on the wall, and it is the beginning of a new year (insert cheers here). The beginning of the month also means auto sales (insert less enthusiastic cheers here), so try to contain your enthusiasm. For the past three months, auto sales have been trending higher following the summer lull. December auto sales seasonally adjusted annual rate of sales (SAAR) broke 12 million vehicles for the third straight month (registering a SAAR of 12.26 in both October and November), and is poised to be one of if not the best month of 2010. Trucks again were the story as SUVs and light trucks (despite the national average for gasoline being above $3.00 per gallon) continue to be in high demand. [Read the full article] New vehicle sales in Brazil, excluding buses and trucks, will rise 4.2 percent in 2011, the country(TM)s car dealership federation, known as Fenabrave, said today. New vehicle sales in Brazil, excluding buses and trucks, will rise 4.2 percent in 2011, the country(TM)s car dealership federation, known as Fenabrave, said today. [Read the full article] New vehicle sales in Brazil rose 30 percent in December from a year earlier to 381,498 units, the country(TM)s car dealership federation, known as Fenabrave, said today. Sales rose 16 percent from November, Fenabrave said in a statement distributed to reporters today in Sao Paulo. Total new vehicle sales rose 12 percent in 2010 to 3.51 million units, Fenabrave said. New vehicle sales in Brazil rose 30 percent in December from a year earlier to 381,498 units, the country(TM)s car dealership federation, known as Fenabrave, said today. Sales rose 16 percent from November, Fenabrave said in a statement distributed to reporters today in Sao Paulo. Total new vehicle sales rose 12 percent in 2010 to 3.51 million units, Fenabrave said. [Read the full article] 
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