U.S. vehicle sales - a five-year high for November, at 1.14M - are considered one of the...
Tuesday, December 4, 2012, 6:16 PM ETU.S. vehicle sales - a five-year high for November, at 1.14M - are considered one of the encouraging spots of the economy, but appearances are deceiving. On a per capita basis, sales look downright depressed: at one vehicle sale for every 21 people, outside of the current slow economy, one would have to go back to the lowest point of the 1991 recession to find a similar rate.
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