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Stock in 3M, Rockwell Automation, and Visteon Is Dropping Because the Car Market Stinks

Al Root

Smart investors think about buying when everyone else is selling, so it’s a good time to look at why the outlook isn’t entirely grim. Chinese automotive sales dropped 13% year over year in the first quarter. Declining auto sales in the U.S. and China—two of the largest markets for new vehicles—are one reason the global economy is weakening.