Auto Stats: 1 in 20 Americans Purchased A New Car In 2012December 3, 2012 5:44 pm
Call it the Sandy effect. If you had a low month like that, the bounces will look really good. But absolute numbers do not lie – the industry is on track to reach an annual run rate of 15 million vehicles (Source)
How do we digest the scale of this number? Let us try this – one in twenty americans would have purchased a new car in 2012. wow.