I can not emphasize more vigorously than I’ve previously few months how huge a mistake I believe buying car stocks may be in the mature automotive cycle that I think we’re at the moment in.
Employment in the U.S. auto industry will improve by up to one hundred fifty,000 new jobs over the following 4 years, says the Heart for Automotive Research, which estimates that auto makers in the U.S. might add up to as a lot as 30,000 hourly and salaried employees with 120,000 extra jobs within the auto elements sector, the Wall Road Journal reports.
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