Stateside
4:41 pm
Wed July 3, 2013

The auto industry is predicted to add 35,000 jobs in 2013

An interview with David Cole, the Chairman Emeritus of the Center for Automotive Research.

To anyone who endured the dark days of the Great Recession with the near-death ordeals of General Motors and Chrysler, it seems nearly impossible to believe the "Help Wanted" sign is out at the car makers and their parts suppliers.

The Center for Automotive Research predicts the auto industry will add 35,000 jobs in 2013. One auto supply executive calls it "an employee's market."

We wondered if this is a true hiring spree and if this can been seen as a return to the "glory days" of the car industry, or should we keep our collective guard up for fear of easily sliding back into the dark days of soft sales and layoffs?

David Cole, the Chairman Emeritus of the Center for Automotive Research, joined us today to discuss what’s behind these new jobs and whether or not these good times will last.

Listen to the full interview above.