This means that retail sales are still modestly trending up even as vehicle sales fall.
Power expects 11% growth in vehicle sales which is a positive signal given the economic uncertainty.
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Ford Motor was up 2% after reporting U.S. vehicle sales rose 19.2% in October.
Domestic new vehicle sales rose 28% to 5, 852, while imported car sales increased 21% to 10, 232.
Vehicle sales are expected at an annual rate of about 12.4 million units in January.
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Toyota estimates its Japanese vehicle sales could fall as much as 20% in 2013.
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The start of a multi-year uptrend in light vehicle sales started in 2010, notes Levy.
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Edmunds.com is forecasting full-year 2012 light vehicle sales will total about 14.3 million vehicles.
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We've never seen a recession record home and vehicle sales, and that's what we're seeing today.
And in Norway, EVs are now an impressive 3.6% of new vehicle sales.
Vehicle sales also fell by 6.5% in October, following a 12% drop in September.
So much so, the higher demand for compact and subcompact cars pushed April vehicle sales up 18%.
Since, the high gas prices and the return of Japanese automakers has caused vehicle sales to soar.
Not surprisingly, vehicle sales have now become a key economic indicator and a number to watch closely.
Besides the U.S., Toyota's vehicle sales improved in Asia, with the exception of the ailing Japanese market.
Two, three years ago, trucks were much larger a percentage of total vehicle sales than they are today.
Power is now predicting U.S. vehicle sales of 13.6 million units this year and 13.2 million in 2009.
Vehicle sales in 2011 were negatively affected by production and supply chain constraints caused by the tragic tsunami.
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Auto makers have long gone to unusual lengths to pump up vehicle sales.
In making his remarks, Dong Yang was referring to total vehicle sales, including both passenger cars and commercial vehicles.
Sales of commercial vehicles jumped 26%, with light commercial vehicle sales popping 15%.
Vehicle sales, having gained momentum over the past year, increased 3.6% last quarter.
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Overall light-vehicle sales hit a 15-year low in September, with a fall of 27% compared with a year earlier.
PricewaterhouseCoopers, a consulting firm, predicts that light-vehicle sales in North America for 2009 will fall a further 17% to 10.8m.
Electric vehicle sales have doubled (still a measly 110, 000) while hybrid vehicles have finally broken the one million sales mark.
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Overall vehicle sales in May, including trucks and buses, fell 3.98 percent from a year earlier to 1.38 million units.
The government said in January total vehicle sales this year should rise to 20.8 million from 19.3 million last year.
Meanwhile, European passenger vehicle sales reached 12.5 million units lastyear, 1.1 million fewer than the multinational automakers sold in 2011.
Germany reported on Monday a 10% drop in new-vehicle sales in February compared with the same period a year earlier.
As vehicle sales rise, demand for autocatalysts will increase and cheaper-priced palladium should continue to take market share from platinum.
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