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Wall Street eyes auto industry earnings for signs of 'demand destruction'

Por: CNBC Business October 19, 2022

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In this articleA sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022.Saul Loeb AFP Getty ImagesDETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new cars amid supply chain problems. But with interest rates rising, inflation at record highs and recession fears looming, Wall Street is closely watching... + full article



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