From growing demand for electric vehicles to the expansion of personalized online buying options, here are the key trends shaping the auto industry this year. NewsweekDisruptors
This year is shaping up as a rebound for the automotive industry, following a drop-off in sales in 2022. Even as supply chain problems begin to ease, though, new challenges are emerging—a possible recession, still-high inflation, the impact of the war in Ukraine on the financial markets—that could give buyers pause about spending money on new and used models.
What won't slow down, experts say: the industry's development of fresh products as design, testing, powertrain and sales evolutions that started pre-pandemic take firm hold in the vehicles that can be found on dealer lots.asked its go-to group of automotive industry analysts what they see happening in the coming year. Here are their top predictions."Expect about a million more light vehicle sales in the U.S. over 2022, totaling around 14.8 million in 2023.
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