Excess production capacity in North America – and the rest of the world – often is cited as one of the biggest problems facing the auto industry, particularly the U.S. Big Three. But as strange as it sounds, North American manufacturers could end up needing nearly all of their current annual straight time production of 18.2 million in the not-to-distant future, based on sales projections and long-term historical trends. According to sales patterns dating back to 1950, a trend ...
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