GM’s surprise restructuring has sent shockwaves throughout the auto industry and may be a sign that vehicle manufacturers are looking to the future, but hunkering down in the meantime for a sustained downturn in US and international auto markets.

Coinciding with GM’s announcements, US auto sales are projected to continue their slide in November, compounding losses in almost every major market last month. Further, the Trump administration is now threatening more tariffs on auto imports, on top of the metals duties that have already punished automakers . . .

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