By Online.wsj.com
BUENOS AIRES (Dow Jones)--Argentine car sales hit a record in January amid strong economic growth, as Argentines continued to pour cash into durable goods amid run-away inflation.
Vehicle sales in January totaled 112,607, up 8% on the year, auto dealer association Acara said Thursday. "There's a high chance of this year surpassing the record set in 2011," Acara said.
Total sales for 2011 hit a record 857,983 vehicles, up 30% on the year.
Consumers have been flocking to buy cars and trucks. The economy grew 9.2% last year with unemployment reaching... Read Full Article
