Here's the story from Business Insider:
"Auto sales hit a record in 2015, after cheap-debt-fueled increases year after year. But in September, unit sales fell from a year ago. Year-to-date, sales are up merely 0.5%, on strength earlier this year. Inventories at dealer lots are growing. Manufacturers are piling on incentives to move the iron. Ford will close its Mustang plant for a week to deal with oversupply. The industry has been talking about a looming “car recession” for months. And unless a miracle happens, auto shipments are going to follow auto sales."
In 1916 train ridership hit an all-time high, but yes the future was the auto. Today auto sales may have hit an all-time high, but yes the future is with trains.