Auto Sales Plunge

The full significance of the death of the personal automobile (and the airlines) is not parsed out here:

Sales fell 28 percent at the Ford Motor Company, 21.4 percent at the Toyota Motor Company and 18.2 percent at General Motors in June, the worst month yet in a miserable year for the automobile industry.

Yesterday, we wrapped up the worst June for the Dow since 1930. Steve Sailer briefly noted at his blog that cheap gasoline has acted as a kind of social lubricant for decades.

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Founder and Editor-in-Chief of Occidental Dissent