Mary T. Barra, the chief executive of General Motors, with President Trump at a Michigan event final month to discuss automaking and job creation.
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Complicating your train even more is the truth that folks tend to maintain their vehicles longer nowadays than they used to. This is in large part as a result of quality has gone up, decreasing the frequency wanted to purchase a new automotive. I believe this has far more to do with the declining share of GDP devoted to auto purchases than any of the opposite factors you mentioned.
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