'Car Bubble' Blows Up on Automakers

Sales were artificially high in boom years; rebound unlikely

By Gabriel Winant, Newser User

Posted Apr 3, 2009 10:01 AM CDT

(Newser) – The housing boom brought a car bubble along for the ride, and now that one has burst, so has the other, reports the Washington Post. Thousands of cars are sitting on lots and likely to stay there. “You had a huge number of cars... Read full story »

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'Car Bubble' Blows Up on Automakers

Sales were artificially high in boom years; rebound unlikely

Chrysler • Toyota • General Motors • Ford • auto industry • auto sales • housing bubble

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