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Remember when it looked like the US auto industry was dead?
Yeah, that didn’t happen. As today’s chart, drawn from the consumer spending data (via Waverly Advisors) shows, Detroit is clearly experiencing a “V”.
Foreign cars? Well there was a V up until recently, but then the blue line pulled sharply back. Thanks Toyota!
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See Also:
- The Stunning Fact That Connects Every Single Toyota Case
- Ford Shares Crush Toyota, As Jim Lentz Gets Crucified On National TV
- China’s Car Sales Growth Is Absolutely Massive