Black Friday deals helped lift US auto sales in November
DETROIT — Black Friday deals and postelection confidence helped pull November U.S. auto sales out of their recent slump — and increased the chances that 2016 could set a record for new vehicle sales.
Total U.S. sales were expected to rise 4 per cent for the month to 1.37 million units, according to Kelley Blue Book. That would be the highest November on record, beating the previous record of 1.32 million set in 2001.
Toyota Division General Manager Bill Fay said November sales were so good that the industry may even break last year’s sales record of 17.47 million.
“I think it will be right around last year’s record, maybe a little bit less,” Fay told The Associated Press in an interview in Detroit. “But I think either way everybody will sign up for a lifetime of this.”