"In Crisis Mode": EU Automakers Slide Into First Sales Slump In Two Years
https://www.zerohedge.com/markets/crisis-mode-eu-automakers-slide-first-sales-slump-two-years
The downturn in the European auto market is accelerating.
Volkswagen, Mercedes, Aston Martin, and BMW have all cut their financial forecasts in response to the deteriorating conditions. A recently leaked memo from a senior Stellantis executive highlighted increasing concerns over the deepening auto slump. Bloomberg's latest data shows the downturn continues to worsen.
No comments:
Post a Comment