Mary T. Barra, the chief government of Common Motors, with President Trump at a Michigan event last month to discuss automaking and job creation.
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Complicating your exercise even more is the fact that folks are inclined to keep their automobiles longer these days than they used to. That is largely because quality has gone up, lowering the frequency needed to purchase a brand new car. I suspect this has way more to do with the declining share of GDP dedicated to auto purchases than any of the other components you mentioned.
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