Downturn in new car sales has ‘significant implications’ for aftermarket
AutoInc.
OCTOBER 27, 2023
An estimated 14 million fewer new cars and light trucks will be sold in the U.S. roads and shifting billions of annual miles from newer to older cars and light trucks, which are virtually all Internal Combustion Engine (ICE) vehicles. Increasing Average Age In addition to fewer newer cars and light trucks on U.S.
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