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
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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.
Source: forbes.com