Global Automotive Center

(credit: Kevork Djansezian/Getty Images)

Consumer Confidence, Pent-Up Demand, Easier Credit Drive 12% Vehicle Sales Rise

The North American automotive market has been 2012’s economic bright spot amid the uncertain global scenario, according to Ernst & Young’s Global Automotive Center. Driven by improved consumer confidence, pent-up demand and easier credit availability, sales of light vehicles reached 17.13 million units, registering a growth of 12.5 percent.

WWJ Newsradio 950–01/17/2013