US Auto Sales Boom: Can The Recovery Continue?

The 2008 financial crisis was probably the best thing that ever happened to the US auto industry. Motor city is booming. US auto sales are as high in many categories as they were in 2007, and Barack Obama's claim that his bailout saved the industry helped guide him to victory. The domestic auto industry is certainly one of the fastest large sectors of the economy to recover to pre-crisis levels.

The auto industry has had its share of luck, and help, in recovering to this level. The auto bailout, initiated by the Obama White House,...