• The Future of the Auto Industry

    28 days ago - By RIS Media

    The automobile industry is important to the U.S. economy-so important that in 2009 the U.S. Treasury Department invested nearly $50 billion in General Motors Co. after it went bankrupt in a financial crisis that led to a recession.
    That importance is changing as consumers buy new cars less often, and self-driving cars and ride-sharing services such as Lyft become more popular.
    A high number of millennials, the largest-living generation, expect to change their car habits in the next 20 years, according to a poll by LendEDU, a marketplace for student loans.
    The report found that 20 percent...
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