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Changes are coming for the auto industry in 2025 both in the US and overseas. ... After a Q3 in which GM said it took market share, the rest of the year was set up for success. GM said its ...
The Detroit automaker shrugged off a hit from a costly auto strike to report U.S. new vehicle sales of about 2.6 million units for 2023, up 14.1% from 2022, while Toyota's annual sales rose 6.6% ...
“The labor market — a key driver of vehicle sales in the U.S. market — is expected to weaken, but unemployment levels will remain low enough to support a healthy auto industry,” stated the ...
The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive industry [1] and mass market production process. [ 2 ] [ 3 ] During the 20th century, global competitors emerged, especially in the second half of the century primarily across European and Asian markets ...
The 2008–2010 automotive industry crisis formed part of the 2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade ...
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.
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