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Chrysler and GM Gains Drive Best U.S. Auto Sales Rate Since 2007

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General Motors Co. and Chrysler Group LLC gains led November U.S. auto sales that accelerated to the fastest pace in more than five years as dealers stepped up promotion of year-end offers to try to control rising inventory.

Deliveries of cars and light trucks rose 16 percent for Chrysler, 14 percent for GM and more than 10 percent for Toyota Motor Corp. and Nissan Motor Co. The carmakers led a rise in the industry’s monthly annualized industry sales rate, adjusted for seasonal trends, to 16.4 million, the highest since February 2007, according to researcher Autodata Corp.