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In the news today:
Americans are holding onto cars and trucks longer, pushing the average age of a vehicle to a record 10.8 years.
The Polk research firm said Tuesday that the average age of a car last July was 11.1 years, while the truck average was 10.4.
Unemployment and the sour economy have caused people to put off buying cars and trucks.
And $3 billion poured down the drain of Keynesian gimmickry ain't gonna change any of that.
1 comment:
We need another Cash for Clunkers!
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