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What Recession?

The Euro Zone may have hit the skids but consumers in America are still buying a surprising ammount of cars.

In December 2010 the annual selling rate for cars was 12.5 million and this December it is expected to be 13.4 million according to J.D. Power and Associates and LMC Automotive. They also state that the total average incentive spending is 10 percent less than in 2010 which works out at a saving of $2,700 per vehicle. The U.S is likely to see even more attractively priced cars in 2012 in order to stave off a summer spending slump.


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