Apr 03 2009 8 mins
March auto sales were released earlier this week and even though they were higher than February, sales were still off by over 30% from a year ago. On this edition of Autoline EXTRA John McElroy and his panel discuss what number the annualized sales rate needs to be for the industry to be profitable and when it’s expected to reach that number. Also discussed is the "Cash for Clunkers" proposal and whether or not that would help give auto sales a shot in the arm. Joining John in the discussion are John Stoll from the Wall Street Journal, Tom Walsh of the Detroit Free Press and Michael Robinet of CSM Worldwide.