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2012 sales results best in 5 years for US auto industry

A steadily improving economy and strong December sales lifted the American auto industry to its best performance in five years in 2012, especially for Volkswagen and Japanese-brand vehicles, and experts say the next year should be even better.

Published: Jan. 4, 2013 at 12:05 a.m. PST
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A steadily improving economy and strong December sales lifted the American auto industry to its best performance in five years in 2012, especially for Volkswagen and Japanese-brand vehicles, and experts say the next year should be even better.

Manufacturers on Thursday announced their final figures, which were expected to total 14.5 million – 13 percent better than 2011.

More than three years after the federal government’s $62 billion auto-industry bailout, Americans had plenty of incentive to buy new cars and trucks in the year just ended.

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