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With sporting events and … The global automotive industry is expected to register steady growth over the forecast period 2019-2025. For the auto industry, in particular, it’s a double threat: The automotive industry contributes significantly towards the economy of several major countries and also is considered to be the backbone of many nation's GDP. The auto supplier industry needs an influx of around $20 billion to $25 billion as soon as possible to avoid widespread issues, including bankruptcies, according to a trade association leader. Find the latest news from the automobile industry including new car sales, top-rated cars and coverage of GM, Ford and Chrysler. Date. Automotive news. According to Automotive News, analysts are predicting that the pandemic will have ramifications beyond simply limiting foot traffic to retail showrooms. Breaking news and analysis of Detroit's Big Three: General Motors, Ford, Fiat Chrysler. And it’s all about tech-driven freedom. The Automotive News mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in North America.
UK car industry 'could lose one in six jobs due to Covid-19 crisis' Trade group seeks state support after 6,000 workers lost their jobs in June Published: 23 Jun 2020 Find the latest automotive news. The Automotive News mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in North America. Major factors that will augment the industry growth over the forecast period include rising disposable income and increasing … 6 hours 12 hours 1 day 3 days all.
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Analysts are projecting that U.S. auto sales could drop between 3% and 9% compared to 2019. Autoweek editors deliver breaking car news, auto industry headlines and future car details, from the world of sports cars, luxury cars, trucks, auto technology and more. ... the industry said Wednesday, as consumers took advantage of state-backed incentives. Read car news from the auto industry including auto shows, latest vehicles, future cars and more Coverage of auto suppliers, foreign automakers, and new car reviews. The official Motor Trend magazine web site featuring the latest new cars, car reviews and news, concept cars and auto show coverage, awards, and much more. AN-LOGO-BLUE Contact Us Rank. This is the Fourth Industrial Revolution--kicked into high-speed gear by a global pandemic. Now, the worldwide $2-trillion auto industry is next in line for disruption. Depending on the duration of control measures, those figures could jump to nearly 15%.