Moody's: Ford, GM face big earnings drop from chip shortfall
Analyst expects inventory to remain below normal until the fourth quarter of 2021 at the earliest
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Analyst expects inventory to remain below normal until the fourth quarter of 2021 at the earliest
Chip Shortage May Cut Ford, GM Auto Earnings: Moody’s Bloomberg 2/24/2021 Skylar Woodhouse © Bloomberg Employees work as Ford Motor Co. Expedition sports utility vehicles (SUV) sit on an assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky, U.S., on Friday, Oct. 27, 2017. A $900 million company investment upgraded the facility to build the all-new bigger, lighter Expedition and Lincoln Navigator as well as secured 1,000 full-time hourly jobs. (Bloomberg) -- The global semiconductor shortage will slash automotive earnings at General Motors Co. and Ford ...
TVN Focus On Advertising | Spot TV 2021: Total -26%; Core +7.4% The total drop is pegged to lower political advertising, while the increase in core looks to come from growing sports gambling, improved auto and solid business from categories like legal and home improvement. That’s the consensus of station groups and industry watchers surveyed annually by TVNewsCheck. By Janet Stilson | October 1, 2020 | 5:30 a.m. ET. Rising above the rubble of the pandemic, the spot TV business may post a 6.6% increase this year over last, but that’s due almost wholly to political advertising. When the ...