CARS: We Are Sorry To Inform You That The Big Turnaround Has Been Postponed For Another Year. “Suddenly, automakers aren’t so sure anymore about all that pent-up demand that will bring back U.S. car sales back to their old glory. Reuters asked around and didn’t come back with good news. Hyundai Motor America Chief John Krafcik is the most outspoken: ‘When people don’t have home equity, it’s often very difficult for them to pull that trigger and buy a new car. Jobs are still an issue, housing is still a big issue and I don’t think that’s talked about enough in the context of our industry.’”