Dec 03, 2013 03:05 PM EST
Auto Industry Enjoys Record November Sales

The auto industry is holding its own in the still-recovering American economy, according to November sales posted Tuesday.

Industrywide, car sales in November had an annual rate of 16 million vehicles, according to General Motors. The figure was the second highest for 2013, Reuters reported.

Nissan set a sales record for the month, increasing sales 10.7 percent year-over-year with 93,376 deliveries, according to a press release. 2013 has been a good year for the company, and the month's sales were boosted by Black Friday deals.

"Consumers' strong demand for Nissan products continued last month, culminating in a very good Black Friday weekend and driving our sales performance to an all-time record November," said Fred Diaz, a divisional vice president. "Nissan has achieved record sales in eight out of 11 months in 2013 and with more than 1 million units sold, we have already outsold all of 2012." 

The Infiniti brand saw its best November ever, selling 13,152 units in the United States, an increase of 10.5 percent compared with 11,897 units in 2012, said a press release.

Sales were helped by the new Infiniti Q50, which had deliveries of nearly 6,000 units in November.

"Sales at Infiniti retailers this past weekend were greater than any in our history, helping make this the best November since our founding in 1989," Michael Bartsch, Infiniti Americas vice president, said in the press release.

Mitsubishi's U.S. sales climbed a whopping nearly 70 percent in November compared with the year before, marking the division's best sales since 2007, the company said. The U.S.-built Outlander Sport was the brand's bestselling vehicle with 2,059 units sold, an increase of 35.5 percent for the month compared to 2012.

South Korea-based Hyundai also reported record sales, jumping 5 percent year-over-year for the best November in company history, said a press release. German automaker BMW posted an increase of 9.2 percent for the first 11 months of the year compared with the same period in 2012, but the company saw a slight decrease of 0.4 percent in sales from the month before.

Other automakers weren't so fortunate but still saw fairly strong sales. Mazda's deliveries fell 4.3 percent year-over-year, while Honda's U.S. division's sales decreased 0.1 percent compared with 2012.

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