Golden European Auto Profit Era Is Ending, EVs Under Pressure Too
Europe’s automakers face stodgy sales in 2024 and a downward pressure on profits. Electric cars should be providing some relief but most make losses.
Source: forbes.com
📰 Auto Profits News
Auto Profits News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Auto Profits. Real-time updates on events, politics, business and more.
Europe Auto Profits Weakening, Undermined By Slowing EV Sales
Auto sales in Europe are still strong, but profit fundamentals are fading, hurt by diasppointing EV sales. VW and Mercedes in particular are coming under pressure.
United Kingdom Bernstein Research Global Research European Automotive Manufacturers Association Automotive Manufacturers Association Western Europe
Source: forbes.com