Americans Buying Smaller Cars
April 04, 2011 at 16:06 PM EDT
U.S. recorded a 12% rise in light vehicle sales to a seasonally adjusted annual rate (SAAR) of 13.1 million units in March, driven by an improvement in the employment rate. Rising employment rate infused confidence in the buyers, especially young ones, to rush into first-time car purchases. As many as 216,000 jobs were added during [...]