Car Market in US Continues Growth - But Where's the Money?

As usual, the big Detroit auto show is the automakers' chance to show off all your hybrid and electric vehicle experiments, as they represent nothing more than a few percent of total sales. In the meantime, companies continue to make a handsome profit off the bread-and-butter models like the Ford Fusion.

Not that we should expect nothing less. But the question is: where is all the money coming from? Last year, light vehicle sales in the U.S. rose 10 percent, while sales of new housing in the U.S. continues to struggle together for only a fraction of what they were before the economic crisis began in 2008. Whether this reflects changes in consumer buying habits? One car lender, Ally Financial, thinks so. They say that consumers were far more likely to skip a house payment of auto loan and lease payments during the latest crisis.

Not that we should expect nothing less. But the question is: where is all the money coming from? Last year, light vehicle sales in the U.S. rose 10 percent, while sales of new housing in the U.S. continues to struggle together for only a fraction of what they were before the economic crisis began in 2008. Whether this reflects changes in consumer buying habits? One car lender, Ally Financial, thinks so. They say that consumers were far more likely to skip a house payment of auto loan and lease payments during the latest crisis.

Not that we should expect nothing less. But the question is: where is all the money coming from? Last year, light vehicle sales in the U.S. rose 10 percent, while sales of new housing in the U.S. continues to struggle together for only a fraction of what they were before the economic crisis began in 2008. Whether this reflects changes in consumer buying habits? One car lender, Ally Financial, thinks so. They say that consumers were far more likely to skip a house payment of auto loan and lease payments during the latest crisis.

Not that we should expect nothing less. But the question is: where is all the money coming from? Last year, light vehicle sales in the U.S. rose 10 percent, while sales of new housing in the U.S. continues to struggle together for only a fraction of what they were before the economic crisis began in 2008. Whether this reflects changes in consumer buying habits? One car lender, Ally Financial, thinks so. They say that consumers were far more likely to skip a house payment of auto loan and lease payments during the latest crisis.

Only time will tell.