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Why the market isn't sweating the decline in US auto sales

from Bloomberg

The U.S. auto industry may be closing out the first annual decline since the year GM and Chrysler went bankrupt, but it’s a long ways from carmageddon. Investors are shrugging off the drop in demand that General Motors Co., Fiat Chrysler Automobiles NV and Ford Motor Co. have seen in their home market this year, and aren’t sweating that another industrywide decline is likely in 2018. more

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