Why car sales are strong in the U.S.
DETROIT – It's not quite boom times for the U.S. auto industry. But it's getting there.
Sales of new cars and trucks rose 13 percent to 14.5 million in 2012. And if they climb much beyond that, they'll be closing in on a high set in 2005.
Cheap loans, a host of new cars and greater confidence in the economy are drawing buyers into showrooms. Plus, Americans who hung on to aging cars during the recession are ready to trade them in.
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