Yesterday , I did a simple rough calculation about Common Motors to attempt to get at how much manufacturing job loss one may attribute to international competitors versus automation and productivity will increase. Varied commenters objected that my assumptions were too simplistic, significantly in neglecting the domestic content in international autos and the importance of shifts within the supply chain over time.
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Complicating your train even more is the fact that folks are inclined to hold their automobiles longer nowadays than they used to. That is largely as a result of high quality has gone up, lowering the frequency wanted to purchase a new automobile. I believe this has far more to do with the declining share of GDP devoted to auto purchases than any of the other components you mentioned.
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