Auto Industry Poised for Strongest Sales Since 2007
Auto Industry Poised For Strongest Sales Since 2007 | After every major automaker reported strong midyear earnings this week, the auto industry is on pace to sell more than 14 million cars and trucks in 2012, the Detroit News reports. That would be the industry’s best sales year since 2007, just two years before the industry’s major American players were bailed out by the federal government. All three American manufacturers reported strong sales growth: Chrysler sales rose 30 percent over the first half of the year, General Motors sales are up and the company had its best sales month since September 2008, and Ford sales rose 6.6 percent.
And the jobs! Jobs everywhere!