The automobile industry, a driving force behind economic growth for over a century, now faces a critical crossroads. From the glory days of Henry Ford’s mass production innovations to the globalization of manufacturing, cars transformed the modern world. But today, challenges are mounting.

📉 Supply chain disruptions, like the global semiconductor shortage, have caused delays and price hikes. Rising costs of materials such as lithium for EV batteries, combined with inflation, have strained automakers’ profits. High interest rates are discouraging buyers, pushing many to opt for used vehicles.

🌍 Meanwhile, the transition to electric vehicles faces slow adoption due to high costs, range anxiety, and limited infrastructure. Younger generations are also redefining car ownership, favoring shared mobility and public transportation.

📽️ What’s next for the automotive world? Find out in our latest video: The Slow Decline of the Auto Industry.

Join the conversation on what the future holds for automakers. Will this be the end of an era or the dawn of a new age?

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