JD Power-LMC forecasts December U.S. auto sales up 14 pct

Newswire

Dec 20 (Reuters) - U.S. auto sales are expected to end the year strongly, increasing 14 percent in December for the second highest monthly selling rate as consumers shake off fears about economic uncertainty, consultants J.D. Power & Associates and LMC Automotive said on Thursday. LMC also boosted its 2012 forecast for total new light-vehicle sales in the United States to 14.5 million vehicles from 14.4 million. That would be an increase of 13.3 percent from 2011. ...

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