Why Analysts Say The Auto Industry Is Heading For Demographic Cliff

The auto industry is looking at a ‘ideal storm’ of reducing population development, longer enduring cars and trucks, high costs, and brand-new modern technology. These variables stand to put significant descending pressure on new car sales by 2040, according to analysts at Bain & Co. The landscape could be even more vulnerable and affordable to loan consolidation.

Chapters:
00:00 Introduction
00:46 Chapter 1: The reasons
03:22 Chapter 2: Uncertainty
04:56 Chapter 3: Competitive U.S.

Reporter: Robert Ferris
Generated, shot, and modified by: Darren Geeter
Added editing and enhancing by: Carlos Waters
Computer Animations: Jason Reginato, Emily Park
Elderly Managing Producer: Tala Hadavi
Additional video footage: Getty Images
Additional resources: Bain & Company, AutoForecast Solutions

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Why Analysts Say The Auto Industry Is Heading For Demographic Cliff