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0 0 0.000401294498381862 0.0025889967637541 0.00129449838187699 0.00129449838187699 0.000647249190938497 0.000647249190938497
Stock impact report

America is at risk of becoming an automotive backwater [Verge, The]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Verge, The
For decades, America's auto industry was the envy of the world, driven by mass production, the rise of Detroit's Big Three automakers, and the iconic stylings of the 1950s and '60s. Then, through a series of blunders and missteps, things started to unravel. There was the fuel crisis of the 1970s, which led to an influx of Japanese imports that bested Detroit in fuel savings and reliability. And then there were various global financial collapses throughout the 1990s and early 2000s, and a significant decline in automotive quality as the Big Three continued to push bigger and more expensive vehicles, at the expense of road safety and global competitiveness. And then there was, for lack of a better term, the great EV whiff of the 2010s and 2020s. After sleeping on electric vehicles for too long, the Big Three finally got in the game — but they botched it, rolling out a series of electric versions of gas cars that lacked the finesse or gee-whiz software tricks of Tesla. They wer Show less Read more
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