After two years of slumping sales, plunging profits, massive layoffs and a drastic scaling down of the size of its products to meet demands for greater economy, the U.S. auto industry is showing strong signs of recovery. In mid-October, traditionally a flat car-buying period, sales for the Big Four were up 37% over the same period a year ago. American Motors, its Pacer "wide bodied" small car a runaway bestseller, led the way with a 53.5% increase. General Motors followed, with its new subcompact Chevette off to a fast start, with a...
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