New Report Says Automotive Market Will Have to Shrink Significantly by 2040
A new analysis by Bain & Company, as reported by CNBC, paints a picture of a shrinking U.S. auto market by 2024, with market forces making the auto sector uncomfortably competitive. Bain cites declining fertility as the cause, as well as declining immigration — in other words, fewer people to buy cars in the first … Read more