← Back to: "US Car Sales Expected to Top 15 Million in 2013"
"The economic crisis that hit hard in 2008 is like the definition of a back swan moment. Nobody know that there was a thing called ‘credit swaps’ that people were leveraging 100 to 1, pushing big American banks into bankruptcy, forcing people into foreclosures on their houses and crippling auto sales. But while Europe is still struggling in terms of car sales, with figures dropping to levels from decades ago, the US is doing quite well. In fact, automotive industry analysts from..." Continue Reading →
Photo credits: GM
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