The industry is expected to report on Feb. 1 an annual sales rate in January of 15.3 million vehicles, according to analysts polled by Thomson Reuters. J.D. Power and LMC Automotive, in a joint press release, said they expect U.S. retail sales in January to reach the highest rate in five years.
*Hyundai gains in China as Japanese rivals struggle. Hyundai will likely say later on Thursday that October-December net profit rose 7.5 percent to 2.15 trillion won, according to a Reuters poll of 15 analysts.
DETROIT, Jan 15- Zhongsheng Group Holdings Ltd, a large Chinese auto dealership group, said consumer financing is fast gaining acceptance in China, which will help boost the market as well as encourage younger buyers to buy more expensive cars. Currently only one fifth of car buyers use financing at Zhongsheng's 160 dealerships, with the rest paying cash.
*Chrysler passes General Motors, moves into second place. Ford Motor Co of Canada was the top-selling automaker in Canada for the third year in a row while Chrysler, which was in third place in 2011, knocked General Motors from the No. 2 perch.
*Toyota, Honda gained market share in 2012. General Motors Co posted December U.S. sales growth of 5 percent compared with the year-earlier month, Ford Motor Co increased sales 2 percent and Chrysler Group LLC's sales rose 10 percent.
Jan 3- Ford Motor Co of Canada was the top-selling automaker in Canada for the third year in a row in 2012 but Chrysler, boosted by demand for its fuel-efficient passenger cars, knocked General Motors from the No. 2 perch.
Chrysler Canada, wholly owned by Chrysler Group LLC, sold 14,756 vehicles last month. In 2011, Chrysler was No. 3, and General Motors Co was No. 2.. Chrysler Group is controlled by Italy's Fiat SpA.
DETROIT, Dec 28- U.S. auto sales are expected to show a rise of 9 percent for December, capping off the best year for the industry since 2007, fueled by easier access to credit, rising home prices and pent-up demand.