1908 Market Data

This small article published in the November 15, 1908 Indianapolis Star contains interesting data about the national automobile market at the time. For instance it reports that there 253 automobile companies. The industry forecast called for the sale of 75,000 cars at an average price of $1,500 in 1909 for a total value of $120,000,000. The article also reports that 150,000 autos were registered for use on public roads at the time.