Mary T. Barra, the chief government of Normal Motors, with President Trump at a Michigan occasion last month to discuss automaking and job creation.
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Complicating your exercise much more is the truth that folks are likely to hold their vehicles longer nowadays than they used to. This is in large part because high quality has gone up, lowering the frequency wanted to purchase a brand new car. I suspect this has much more to do with the declining share of GDP devoted to auto purchases than any of the other elements you talked about.
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