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FinancialsA softer '97: growth may slow, consumer debt creeps up, and pent-up demand's on the waneA softer '97: growth may slow, consumer debt creeps up, and pent-up demand's on the wane
The automotive industry is about to wrap up another very good year, but this is probably as good as it gets. at least for this cycle. Considering that new car and truck sales will reach just over 15 million units, this will wind up being the U.S. industry's best performance since 1988.Continuing a trend that shows no sign of running out of steam, light trucks will capture a record 43% of the U.S.