Auto Sales and Underlying Economic Conditions

Auto Sales – US vs. Europe

Auto sales appear headed in different directions in the US (up) and Europe (down):

Europe Expecting Worst Annual Auto Sales in 17 Years

http://www.spiegel.de/international/business/auto-sales-in-germany-slump-in-september-joining-european-trend-a-859221.html

US Sales Reach 4 Year Highs

http://www.nytimes.com/2012/10/03/business/g-m-and-ford-post-lackluster-sales.html