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Auto sales are falling — but profits are surging. Welcome to the new normal

January 12, 2023 Robert Harrington

The US auto industry just posted its worst sales in more than a decade — but that’s not necessarily a bad sign for the sector.

What’s happening: 2022 was the worst year in more than a decade for the auto industry, largely because manufacturers couldn’t keep up with consumer demand. READ MORE

← What to expect at work this yearElon Musk’s Tesla hype machine breaks down →
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