The New Year began on a positive note for international nameplate dealers. Overall sales, including domestic brands, rose 11.4 percent from January 2011. For international brands, sales were up an impressive 14.9 percent from January 2011. Hyundai set a January sales record with 42,694 units sold, up 14.7 percent from a year ago. Honda and Toyota both saw sales rise 9 percent. Led by Jetta and Passat sales, Volkswagen marked its best January since 1974. The German automaker gained 47.9 percent over January 2011.
“International nameplate dealers started 2012 off on the right foot,” said AIADA President Cody Lusk. “New models, new technology, and signs of a recovering economy drove customers to dealerships in January. We expect this year to be the most profitable our industry has seen in some time.” Read more
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