Mary T. Barra, the chief govt of General Motors, with President Trump at a Michigan event last month to discuss automaking and job creation.
Complicating your train even more is the fact that folks tend to preserve their automobiles longer these days than they used to. This is in large part as a result of quality has gone up, lowering the frequency wanted to purchase a new automobile. I think this has way more to do with the declining share of GDP dedicated to auto purchases than any of the opposite factors you mentioned.
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