Global Car Sales Hit Speed Bump as Demand Slows and Trade Tensions Loom

After nearly a decade of growth, new-vehicle sales in the world’s largest auto markets are entering their first sustained slowdown since the global financial crisis, putting pressure on profits as uncertainty around the U.S.’s trade policies looms. China’s once-booming car market is cooling, in part because of escalating trade tensions with the U.S. American demand for cars and trucks—long a bright spot for the global auto industry—has topped out, following a seven-year growth streak that helped lift earnings for many car makers and auto-parts suppliers world-wide… [Read More Here]