According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, the nation’s economic decline is forecasted to bottom out this year; solid economic growth is expected in 2010—with inflation staying contained but the unemployment rate remaining high. Light vehicle sales...

In linking demographic trends of the last two decades to the geographic dispersion of the auto industry, this article finds that the addition of a large plant significantly influences the migration experience of the host county as well as counties adjacent to it.

Shopping for a new car over the Internet.

An analysis of the Japanese advantage in auto production, with discussion of industry structure, managerial practices, production costs, and the problems involved in comparing costs with those of U.S. producers.

An analysis of the changing auto market and of factors affecting sales ( such as consumer income, costs, sticker shock, and affordability), plus a discussion of expectations of 1983 sales.

This paper presents a model of consumer automobile replacement in the presence of leasing. The model incorporates credit constraints to distinguish between the leasing and purchasing options. It demonstrates how leasing increases the probability that a household replaces its automobile and how...