Automobile manufacturing and sales comprise a substantial part of the U.S. economy and are key parts of its fundamental strength. However, since 2008 total U.S. market share of the global automotive industry has shrunk to 42.5% from 47.1%. Even with encouraging recent auto sales, and employment figures reported by the Department of Commerce, and Treasury Department, the long-term sales forecasts for cars appear to have been trending downward.
Complete article link: http://www.helium.com/items/2344885-how-us-automakers-are-helping-the-national-economy
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