Business

Auto Industry Faces Fundamental Shift

Updated 2026-06-28 11:40 UTC 1 source Negative

The U.S. auto market is expected to shrink significantly by 2040, according to industry forecasts. This shift is attributed to declining car sales and broader economic trends.

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CNBC
The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.
2026-06-28 11:00 UTC
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