Here’s a look at what’s next in the auto industry:The U.S. is poised to become the world’s largest auto market with about one-third of all car sales expected this year, up from about one in five last year, according to a new report.
Automakers are also investing billions in their new vehicles.
While they haven’t spent any of that money yet, they’re planning to spend more in the next few years to improve vehicle quality and reduce emissions.