Can U.S. Automakers Stage a Rebound From the Earlier Lows?

U.S. automakers are putting up a great fight to rebound from the COVID-19 lows and other supply-chain issues that have been continuing since 2020. Although a lot of the supply-chain crisis has eased, sales are yet to gain pace.However, sales picked up in 2023 and top automotive data firms expect 2024 to be a better year as demand shows signs of rebounding. According to a CNBC report, leading automotive data firms expect sales of new cars to pick up in the range of 1-4% or between 15.6 to 16.1 million units ...