Mary T. Barra, the chief govt of Normal Motors, with President Trump at a Michigan event last month to discuss automaking and job creation.
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The odd-looking line on this graph is the one for domestic consumption of autos and parts as a fraction of GDP; the road begins to drop after 2002, solely reversing in 2010. It is odd to me because a graph of US automobile gross sales is basically flat from 2001 to 2007 at between 16 and 17 million vehicles per 12 months. Studying off Stuart’s graph above, the gross consumption line begins at about three.7% of GDP in 2001 and drops to around 2.eight% in 2007, so roughly a 25% drop. Looking at BEA Desk 1.1.5. US GDP rose 36% throughout that period.
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Motorists in New York and Baltimore tended to pay probably the most after being involved in accidents they didn’t cause, a shopper group discovered. Even because it moved to end legal motion within the United States over its efforts to illegally evade emissions standards, the German carmaker faces mounting legal woes in Europe. Some say autonomous automobiles should have frequent expertise earlier than they hit the road, but there is also a robust case for unbiased approaches.