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What's in store for the auto sector as we head into 2025?
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What's in store for the auto sector as we head into 2025?

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Nishit Madlani of S&P Global Ratings predicts a challenging yet transformative period for the global automotive industry in 2025, shaped by evolving trade policies, shifting market shares, and pressures in the EV market.
The article from MSN discusses the anticipated trends and challenges facing the automotive industry as it approaches 2025. Key points include the ongoing shift towards electric vehicles (EVs), with an expected increase in EV sales due to regulatory pressures, consumer demand for sustainable options, and advancements in battery technology. However, the sector also faces hurdles like supply chain disruptions, particularly with semiconductors, which have been a bottleneck for production. Additionally, there's a focus on autonomous driving technology, with companies investing heavily in software and AI to enhance vehicle safety and functionality. The article also touches on the potential economic impacts, such as job transitions in traditional automotive manufacturing, and the need for infrastructure development to support EV charging. Lastly, it highlights the competitive landscape, where traditional automakers are not only competing with each other but also with new tech-driven entrants into the market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/what-s-in-store-for-the-auto-sector-as-we-head-into-2025/ar-AA1xxgdK ]