Those bad auto sales:

The 32% declind in auto sales is certainly a sign that the recession is here, but it's useful to note that for the reporting period (Jul, Aug, Sep) the price of gasoline was also very high.



So maybe Detroit won't be in such bad shape going forward (although it will still be rough for the car makers).


posted by Quiddity at 11/05/2008 10:57:00 PM