Half of US Automotive Plants to Close and 200,000 Jobs Eliminated?
Jeff Rubin, CIBC World Market’s chief economist, has published a report that analyzes the automotive industry
Jeff predicts that the US auto industry will undergo a massive correction that will eliminate 200,000 more jobs as half the US’s 51 auto plants are permanently shut down.
Scotiabank Group has also published a report on the auto industry that is not very positive.
