![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhodv6zriy8E7ibkhtnTfjg6PzzD6xqhQTYoeuzih682PswZQMe2yxLmC3QhHpRew8o9axl_d02qDnjA4Aem1KXA0H7nCSgUx8wqdtRocT81OMkYLioxxx7uyruSM08OqB8X1kwvx3rtp8/s320/Auto+Sales)
Auto sales most likely hit bottom last February, when they came in at a 9.1 million annual (seasonally adjusted) rate. In June they were 9.7, and they averaged 9.6 in the January-June period. How fast they increase is now the question, but there is a lot of pent-up demand out there, given the degree to which sales have plunged in the past two years.
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