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Abstract
After years of strong growth, the U.S. auto market is entering a period of marketing and technological changes. Apart from the usual changes in market demand and marketing strategies, new technologies, including electric vehicles and autonomous driving, are impacting conventional vehicles. Forecasting future used car values (residual values) in this environment is becoming especially challenging, and larger margins of error could be the result.
TOPICS: Real assets/alternative investments/private equity, other real assets
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