When it comes to cars, there are brands for rich people -- Mercedes, Audi, BMW -- and there are cars for people of more modest means -- Chevys, Fords, Toyotas. But just as many people at the bottom of the income ladder buy Jeeps as people at the top.
The Institute of Supply Management releases its survey of U.S. factories for the month of May today. In Europe, the latest factory ordering data are indicating modest economic improvement.
One of the weirdest cars of the 21st century might be the Chrysler PT Cruiser. While the novelty car lost its popularity with drivers a few years after its release, it became a staple in rental car fleets.
