Are car sales down?

Are horseless carriage - - I mean car - -  sales declining, and why?

England - Car sales in 2006 were down 4%, to under 2.4 million.
Japan - Car sales were down.  Minicar sales were up.
U.S. - - December car sales were down 6.2% over Dec. 2005, BUT HERE'S THE REAL NEWS:

"CSM Worldwide is predicting another lackluster year of auto sales in the United States. The sales forecasting group at the global automotive forecasting and advisory firm is projecting sales to descend to a nine-year low of 16.2 million units in 2007."   Here's the story.

100 years ago, buggy and carriage sales declined 10% between 1900 and 1910.
Is history repeating itself?  Is this the start of the decline of the car? 
Or is this just a another blip, due to gas prices, or higher car prices, or the end of rebates....
What do you think?  And do you have, or plan to have, more - same - fewer cars in 5 years?

Comments

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