1. average US houshold income is very high
2. cars are a must (both for cultural and practical reasons), not a luxury
Yes, in times of job loss and other economic strain consumers will stop buying certain things, but likely not cars (at first).
1. average US houshold income is very high
2. cars are a must (both for cultural and practical reasons), not a luxury
Yes, in times of job loss and other economic strain consumers will stop buying certain things, but likely not cars (at first).