SUSAN TOMPOR
Automakers
Auto forecasts, stocks put economic gloom in rearview mirror
Susan Tompor
Detroit Free Press
Auto stocks have been gaining speed ever since Memorial Day as if there's no recession in sight. And maybe, some experts now say, there isn't one.
"The worst is behind us," said Jonathan Smoke, chief economist for Cox Automotive. "And I'm less worried about a downturn unfolding especially in the second half of the year."