U.S. Auto Sales Post Best November Since 2003

U.S. sales of cars and light trucks surged 9% in November to 1.24 million units, which is the fastest pace in almost seven years. The industry’s annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts’ forecasts in the 15.8 million [...]