Movers and Losers: December 2011
Fueled by holiday-themed sales events and bullish shoppers, December sales helped the U.S. auto industry sell 12.8 million light vehicles in 2011 — up 10% from 2010 and the best year since 2008. Not surprisingly, cars sold fast in December as dealerships opened 2012 with a 52-day supply of cars. That's the lowest January inventory on record, Automotive News reports.
Days-to-turn average measures how long it takes a car to go home with a new owner relative to when it arrives at a dealership. For December's list we looked at 2012 models, as dealers had cleared out most of the 2011 inventory. That trend usually makes December's average plunge, but even then it's low at 29 days to turn versus 35 days in December 2010. That's dramatic. If you include 2011 models, the days-to-turn average comes in at 86 days, which is closer to November's 75 days.


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