It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.
Rising confidence among U.S. consumers is expected to translate into healthier numbers for the nation's automakers when they report November sales figures Wednesday. Domestic automakers fared better than their foreign counterparts as sales rebounded further from last year's anemic levels, according to analysts.
Production at U.S. factories, mines and utilities rose 0.8 percent in November -- the biggest gain in three months. Further, it was broad-based, with all groups and sectors, except for utilities, registering increases.