NADA projects 11.3% rise in auto sales in 2011
The reason for the increase? The average age of cars and trucks on the road is approximately 10.3 years. Therefore, the increased sales will be driven by consumer needs rather than desires. Basically, people will have to upgrade their heaps for something shiny and new (and running).
[Source: Automotive News – sub. req. | Image: Kevork Djansezian/Getty]
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