Car manufacturers share cautious expectations 2024 automotive market

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Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG’s latest Global Automotive Executive Survey.

While current perspectives on the automotive market are far from pessimistic, expectations among industry leaders appeared to have been reigned in from early 2023 in several areas. At the onset of last year, inventory was slowly recovering, new car prices were heavily…

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