Putting The Auto Recovery In Perspective

Sales of automobiles in the United States are slowly, but surely, bouncing back from a disastrous performance in 2009. But it's more of a good news/bad news scenario than one might expect. With sales of around 11.5 million new cars and trucks, 2010 was still the second-worst year in almost three decades, after 2009.

Sales of automobiles in the United States are slowly, but surely, bouncing back from a disastrous performance in 2009. But it's more of a good news/bad news scenario than one might expect. With sales of around 11.5 million new cars and trucks, 2010 was still the second-worst year in almost three decades, after 2009. And many car companies are beginning to wonder if they will ever reach the sales numbers they saw in the early 2000s, when credit was cheap, incentives were everywhere, and sales reached 17 million.

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