
A sale signal is found at automobile seller Serramonte Subaru in Colma, California. Stephen Lam | Reuters Significant desire rates, offer chain issues and recessionary fears were being amid the key troubles for the global automotive industry in 2022. Those people difficulties are not predicted to be settled rapidly. There’s escalating problem on Wall Street

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A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Some of the year’s hottest tech IPOs including Rivian, Affirm and Roblox plummeted in the market on Monday, as the tech-heavy Nasdaq sank more than 1{a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9}.