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Car manufacturer earnings dip

03:50

We check in on the state of the auto industry after worse-than-expected earnings reports for some major car manufacturers — Ford, Stellantis and Nissan — in the second quarter of the year.

Automakers say that an extremely competitive domestic market and a slowdown in the sales of electric vehicles are to blame for slumping profits.

We hear from NPR correspondent Camila Domonoske.

This segment aired on July 25, 2024.

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