Several auto-industry executives are signaling increasing pessimism over what is already expected to be a weak year for car and truck sales, with some suggesting economic difficulties could be affecting upscale consumers more than expected.
"We already have a depression in the housing industry and a recession in the auto industry," said Michael J. Jackson, chairman and chief executive of AutoNation Inc., at an interview at the North American International Auto Show here.
Just what we need to hear right now.
