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A 'perfect storm' points to a much smaller U.S. auto market by 2040
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A 'perfect storm' points to a much smaller U.S. auto market by 2040

1 min read

The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.

Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to s... [5469 chars]

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Source: CNBC

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