Stay updated with breaking news from Auto specialist. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Years. listen, the reason i like talking about the automotive industry, is it s such apa majo part of american culture. it s a mor part of the american economy. so where is it headed? joining us from yonkers, new york, mike quincy, the auto specialist for consumer reports. mike good to see you. where did we stand now in terms of the health of the u.s. auto industry? compare this to a year and a half ago when we really all thought it couldall off a cliff. right. you had the cashfor clunkers last year,hich certainly helped stimulate sales and clear out inventory. but after the bankruptcy proceedings with general motors and chrysler, i think you saw all of detroit cutting overhead, getting leaner, being real tight out production. and i think that has trickled down to the dealer level. where you don t see acres and acres of cars that the dealers can t sell. so then the automakers have to put up all of these incentives and thatu into their profit margin. so i think detroit is getting ....