Car Sales Are Up, Are They Sustainable?

Wednesday, April 04, 2012

A woman jumping near her recently purchased car. (Stephanie Wallace/flickr)

If you need proof that the economy is looking up, you need only look as far as your neighborhood car lot, or maybe even your own driveway. This week it was announced that there was a major bump in March auto sales. How major? Chrysler alone experienced a 34% increase in sales over the course of the month.

Paul Eisenstein is the publisher of TheDetroitBureau.com. He explains what to make of these auto numbers, and whether they’re sustainable.

Guests:

Paul Eisenstein

Produced by:

Kristen Meinzer

Comments [1]

D.L.Mc

GM also received tax breaks worth billions. Without those special considerations would there have been any profit?

Apr. 04 2012 10:54 AM

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