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BUSINESS NEWS · GLOBAL ·

A 'perfect storm' points to a much smaller U.S. auto market by 2040

As reported by Business News
The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.
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The U.S. auto market faces a significant downturn, with forecasters predicting a much smaller industry by 2040. This fundamental shift is characterized by fewer car sales, a trend expected to worsen over time. The scenario is described as a "perfect storm" for the automotive…

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