This Industry Could See Major Losses

This Industry Could See Major Losses
Photo by Jp Valery / Unsplash

This is not good.

The auto industry is in major trouble after many economists have stated that this industry could lose billions of dollars if interest rates spike. Many individuals are already hesitant on buying vehicles due to interest rates.

The auto industry seeing losses could seriously impact the economy and millions of Americans. Currently the industry is in risk of losing billions of dollars due to interest rate fears.

Many individuals are fearing that the auto industry losing money and effecting the economy as a whole.