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The Biden administration's
decision to ban gas-powered cars has triggered a wave of layoffs and
caused prices to soar. The policy, which aims to promote greener
alternatives, has backfired, leaving many in the auto industry
scrambling.
As a result, consumers are
likely to see a significant increase in prices for both new and used
vehicles.
With demand for traditional
gas-powered vehicles likely to drop, many automakers are facing layoffs.
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