The auto industry has long been a cyclical business, and though this last trough was a deep one, the coming boom has economists excited. According to Bloomberg, the auto industry's comeback contributed fully half of the 2.2 percent national economic growth in the first quarter of this year. Auto sales are on target to top 14 million vehicles this year, the best pace in four years. Production is up at all three domestic carmakers, which has a ripple effect throughout the economy.
Autoblog, Auto sales credited with half of U.S. economic growth
