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It’s a good time to be tuned into the automotive industry. Newer, shinier models of cars are popping up all the time, not to mention all the new smart tech decking out the insides. However, being industry savvy isn’t just a matter of knowing which new cars are coming out when.
With the economy in the weird state it’s in, the financially minded among us would do well to have eyes behind the curtain. The auto market is fluctuating constantly, and what seems new and high-tech now could be dated and worthless this time next month. If you want to be a smart investor, keep up with the changes in the market, investments, and advancements. And heck, use your own best judgement. If a car company is hyping up, I don’t know, a car with a hot dog rotisserie in the cabin, and that sounds completely stupid to you, then you can probably infer where that company’s finances are going. Hint: it’s in the toilet.