Filed Under:Markets, Personal Lines

Analyst: U.S. Auto Boom Already Over

(AP Photo)
(AP Photo)

Is the return of the U.S. auto boom already over? According to an analyst at the University of Michigan’s Transportation Research institute, it seems so.

In a recently released report titled “Households Without a Light-duty Vehicle,” Michael Sivak writes that the decrease in households with vehicles in the last few years supports the hypothesis that motorization in the U.S. peaked during the previous decade, according to a story in USA Today.

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