US car sales set new record in 2016

NEW YORK: The US consumer buoyed carmakers to a big finish in 2016, with strong December figures released on Wednesday putting total sales for the year over the top to beat the 2015 record. Sales inched 0.4 per cent past the 2015 record for a total of 17.55 million vehicles sold, according to a tally by Autodata. Many auto makers reported sales gains in the final month of the year, for a combined 3.1 per cent rise in the US market. Light trucks and sport utility vehicles were up 8.3 per cent compared to the year-ago period, while passenger cars were down 4.7 per cent.
For 2016 sales, Ford reported its best year in a decade, while Nissan and Honda said they sold a record number of cars in the US. — Reuters