US auto sales on pace for record year in 2015 after strong December


DETROIT: Automakers on Tuesday reported strong US sales in December, indicating that 2015 would smash records, and most forecasters said the new year will be even better.

General Motors Co said sales will end at 17.8 million vehicles on a seasonally adjusted annualized basis for the year, topping the previous record of 17.35 million vehicles in 2000 as low gasoline prices, easy credit and moderate economic growth boosted the industry.