Positive Signs Greet 2010 Following Historic Sales Slump

Analysis

December U.S. light-vehicle deliveries capped the worst sales year in nearly three decades – but trends in the final months of 2009 suggest a slow but steady recovery already is under way.

December’s daily sales, adjusted for 28 selling days, compared with 26 in 2008, rose 7.0% vs. year-ago for a volume of 1,026,768.

Excluding August, when results were spiked by the “Cash-for-Clunkers” incentive program, it was the first million-plus monthly tally since ...

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