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The Party's Over - We May Not Survive This
Description
The party's over in the automobile industry as car sales collapse in 2025, and we’re diving into all the reasons why! From a springtime panic buying frenzy to a staggering drop in sales during the second quarter—down by 2.6 million compared to usual numbers—it's clear the industry is facing major challenges. With the average price of a new car hitting $47,800, affordability is a growing issue, and Ford's CEO is raising concerns about the future of EVs. Could this be the end for some major automakers? Let’s break it all down, including how China’s BYD is dominating the EV market and the challenges American companies face in competing.
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