A quick look at the Automotivespending chart below suggests a marketsector that is working hard to maintain it’speak. The 2016 spending levels are almostright on top of the 2015 level which, whencombined with the debt data provided lastmonth in the Executive Summary andnumber of incentives in the world ofautomobile buying, points to a marketpoised to decline. Our prediction is that2016 will be the peak market with 2017being flat to slightly down. Progressivelynegative years will follow until we fall backto a sustainable purchasing level.
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