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Passenger automobile gross sales plummeted again in March, dragging U.S. auto sales to their third straight monthly decline, a strong indication that years of gross sales development have come to an end. As vehicles stay a degree of battle, Detroit pushes to promote pickups in a market long skeptical of them, in an effort to faucet a Chinese taste for American brands.
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Complicating your train much more is the fact that individuals are likely to keep their cars longer nowadays than they used to. That is in large part because high quality has gone up, reducing the frequency wanted to purchase a new automobile. I suspect this has far more to do with the declining share of GDP devoted to auto purchases than any of the other factors you talked about.