U.S. auto sales party seen increasingly dependent on easy money
August 01, 2014 at 01:08 AM EDT
DETROIT (Reuters) - The U.S. auto industry hasn’t appeared so healthy for years. Sales hit an eight-year high in June, there appears to be plenty of pent-up demand, and discounting is far from getting out of hand. New plants and production lines are being built, and many auto executives, dealers and securities analysts are optimistic.