US Auto Industry Faces Tough Challenges Amid Market Shifts

Reported 1 day ago

The US auto industry grapples with rising affordability issues due to inflation, supply chain disruptions, and the expensive transition to electric vehicles (EVs). Geoffrey Pohanka, chairman of Pohanka Automotive Group, highlights the complexities of global markets, particularly in China and Europe, where local manufacturers and stringent policies pose additional challenges for automakers.

Source: YAHOO

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