Consumer confidence, pent-up demand & easier credit availability drive 12% growth in 2012
The North American automotive market in 2012 has been the “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.
