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"So in time, as that one- to five-year base builds its way back up, I think we're going to reach that equilibrium, probably sometime near the end of 2014," he said. Jesse Toprak, senior analyst for the TrueCar.com auto pricing site, disagrees, saying pent-up demand isn't close to tapering off. Consumers have not yet made up for four years of lower-than-normal auto sales, and won't for another three or four years, Toprak said. He also believes that consumers and businesses have just started to replace old pickup trucks that were held through the recession. If auto sales do slow, that could be bad news for the U.S. economic recovery. The auto industry has created thousands of jobs as sales have recovered, helping to keep the economy afloat for the past two years.
[Associated
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