Chrysler Crushes Expectations, Sales Surge 16% In November

The big automakers are releasing their November U.S. sales stats. And they're off to a strong start.

Chrysler announced that sales jumped 16% to 142,275 units during the month. Analysts were looking for an 11% gain.

"Motor vehicle sales likely surged back to summer highs in November," said Citi's Peter D'Antonio. "Consumers who probably balked at making such a major purchase during the October's budget showdown returned to dealer showrooms."

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