Is The Auto Industry In Trouble 2024. Wtw surveyed 500 global companies to understand challenges and. The automotive industry will face another subdued year in 2024, weighed down by slow consumer spending, high interest rates and disruption to supply.
Cox automotive expects that the economy in 2024 will experience weak growth. The following paragraphs comprise a gist of some existing and new concerns facing the automotive industry, to help understand the present scenario in the vehicle manufacturing and servicing space.
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