THE COLLAPSE OF GLOBAL VEHICLE PRODUCTION HAS BEGUN: The Situation Will Only Get Worse

If you think there is a shortage of cars now, just wait until a few more years.  While some blame the decline in world car sales due to the breakdown in the global supply chain from Covid shutdowns, problems were starting to occur in 2019.  Interestingly, global vehicle production peaked two full years before the 2020 pandemic shutdowns began…

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