Today, it is more clear than five months ago that the auto industry is faltering and the ramifications of that are being felt through the manufacturing sector globally, and most specifically in countries heavily reliant on auto sales such as Germany.
seekingalpha.com/article/4252318-peak-auto-part-ii?ifp=0
Auto Sales Tank Again In March—Now Down 10% From 2015 Peak
he seasonally adjusted, annualized rate of sales is forecast to come in at 16.8 million, based on a survey of 12 analysts. While that would be up from February’s 16.61 million rate, it is still well below the 17.33 million pace set in March 2018
www.zerohedge.com/news/2019-04-03/us-auto-sales-wrap-terrible-first-quarter-dismal-march-numbers