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Will U.S. Permanently Own Fewer Cars, Drive Less? Could Be

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Old Oct 17, 2011 | 09:40 AM
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Default Will U.S. Permanently Own Fewer Cars, Drive Less? Could Be

There's good news and bad news for the auto industry. The good news is that car companies are leaner and meaner than they once were, and auto sales are slowly rebounding. The bad news? Fewer people want cars. According to Citigroup analyst Itay Michaeli, Americans own fewer cars and trucks than they did just a couple of years ago. In all, the U.S...
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Last edited by Jazz; Oct 18, 2011 at 06:18 AM.
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