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Car Industry by Lavi Fedor is a document available to read on EtoBox.
What is Car Industry about?
The document summarizes how the recent recovery of the US auto industry explains broader trends in the US economy. While car sales have nearly doubled since the recession and account for a significant portion of economic growth, this recovery relies on a fragile assumption - that continued high spending by wealthy consumers can drive growth for the whole economy. The auto industry recovery has been built through overtime, outsourcing jobs abroad to lower-cost countries like Mexico, and relying more on older
- Author
- Lavi Fedor
- Language
- EN