Peak Cars, or Just a Car Sales Trough?

While this comes from an admittedly polemical source — Lester Brown at EPI — the graph shows that for the first time new vehicles sold in the U.S. has fallen below scrappage in the same period. Yes, there are many reasons to believe this is transient, downturn-driven, and aided and abetted by government programs, but it’s an intriguing anomaly.

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