With gas prices fluctuating so much over the last year and expected to only increase, it is no wonder that the auto industry has suffered. Add to that, the current recession, an increased focus on the environment and a newfound love for public transit, and you begin to wonder whether the auto industry will ever recover.
It’s odd to imagine the auto industry being in such a predicament, since it has been an important part of this country’s ability to thrive economically and, a huge part of its identity. Despite this country’s love affair with the automobile, though, it is becoming increasingly obvious that the industry’s slump will not simply pickup once the economy rights itself. For example, even after the aforementioned volatile gas prices plunged significantly, public transit ridership numbers across the country remained high. This is proof that people are becoming more aware of the various benefits associated with not driving, such as alleviating stress, increasing exercise by walking more often and limiting their carbon footprint.











