US Auto Sales Lose Momentum in November

US Auto Sales Lose Momentum in November
Automobiles are shown for sale at a car dealership in Carlsbad, Calif., on May 2, 2016. Mike Blake/Reuters
Reuters
Updated:

The pace of U.S. auto sales slowed in November, data from analytics firm Wards Intelligence showed on Dec. 1, amid a spurt in coronavirus infections.

Auto sales in the United States managed to bounce back since hitting a pandemic-fueled bottom in April, leading major automakers to ramp up production and boost weak inventories at dealerships.