Hacker News·4 min read·medium

The auto industry is building for a past that's never coming back

A
avonmach
The auto industry is building for a past that's never coming back
AI Summary

The automotive industry is aggressively expanding manufacturing capacity despite declining demand and shifting mobility trends. The author argues that companies are ignoring long-term demographic changes and the rise of autonomous vehicles in favor of outdated growth models.

Too many car companies are operating without regard for a steadily declining customer base.

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