U.S. Auto Sales Show Signs of Recovery in Third Quarter – The Wall Street Journal

(adsbygoogle = window.adsbygoogle || []).push({});

The U.S. auto industry’s recovery gathered momentum in the third quarter, with sales at auto makers rebounding from coronavirus-related lows and buyers returning to showrooms.

Strong demand for trucks and sport-utility vehicles is driving the comeback, which is occurring faster than many had expected this summer. Also contributing is an increase in urban consumers turning to car ownership, as well as easier credit conditions that make car payments more affordable.

While…