GM sales strong in ChinaThe end of 2011 looks promising for the auto industry as vehicle sales climb almost 14% in November. Analysts predict that lower gas prices and a wider availability of Japanese automobiles, could lead the industry reaching its highest December sales in two years. The Big Three automobile manufacturers showed the biggest increases with Chrysler sales up almost 50%, Ford up 13%, and General Motors up 7%.

According to Edmunds.com, “Many consumers who held off buying a new vehicle because of the uncertain economy, or because of inventory shortages that caused prices to jump, are now making a purchase. The result is a “mini-bubble” that will most likely end in early 2012.

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