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PGIM Fixed Income

2023 Top 500 ranking: 29

The U.S. Automotive Industry: Downshifting but Still Moving Forward

The U.S. Automotive Industry: Downshifting but Still Moving Forward

In addition to the mounting cyclical challenges confronting the automotive industry after years of strong growth, automakers and suppliers also face an uncertain future made up of rapid technological change and potential full-scale realignment of the personal ownership business model.

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