I almost posted more from the blog the chart came from. Click
here to read more on a wide variety of economic issues, but several that pertain to this thread. The underlying data for the chart I posted is
here. The blogger is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Lots of interesting reading.
What's interesting as shown in this blog is that the cost to own a new car is dropping both in relative and absolute terms. This means less money per sale for the automakers at a time when they need to increase revenue. An interesting dilemma.