Detailed text transcripts for TV channel - FOXNEWS - 20130905:16:46:00
Jon: you might be surprised to learn that one industry is now rebounding in our struggling economy as u.s. auto sales hit levels not seen since before the financial crisis. david asman of the fox business network anchors, "after the bell" each weekday, 4:00 p.m. eastern on that network. so, david, why so much car buying going on? >> well it's a good question because it is one industry that is booming at the moment. it is up 17% in terms of car sales from what it was last year. first of all there is a huge pent-up demand. the average age of the american car on the road is 11 years. that iry old...