Interpreting Recent Trends in the US Auto Industry

Interpreting Recent Trends in the US Auto Industry

The following report was published by the U.S. Department of Commerce on July 18, 2013. It is reproduced in full below.

Contradictory news articles about the U.S. auto industry have appeared in recent days.

On the positive side:"Auto Sales Showed Powerful Gains Across the Board in June" (NYT 7/2/2013) and "A Revitalized Car Industry Cranks Up U.S. Exports" (WSJ 7/1/2013).

On the negative side, however, we have: "With Mexican auto manufacturing boom, new worries" (WP 7/1/2013).

This is a brief attempt to reconcile these competing narratives.

Source: U.S. Department of Commerce

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