The Second Coming Of Carmageddon

And now here we are. Even though the auto industry got temporarily bailed out in 2017 by the collision of natural forces like hurricanes and wildfires, 2017 still ended as the first year of declining US auto sales since the Great Recession. My timeline for the fall of stocks and the resumption economic wreckage in the auto market was the start of this year. Now that first-quarter results are in, they show that is exactly what happened.


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