European Autos Challenged By EVs, China, Weak Sales, Profit Warnings

European Autos Challenged By EVs, China, Weak Sales, Profit Warnings

Stellantis will assemble the Leapmotor T03 in Tychy, Poland.getty
Trying to predict the European car market’s future used to be simple. Sales were either ticking over nicely, about to accelerate, or in danger of stalling. Investors would consult a few economists, look at interest rates, and go for those companies making attractive vehicles and shun clunker makers.

But investors in Europe’s automakers (and the U.S., but not the Chinese) now face a clutch of scary imponderables as the…
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Source: https://www.forbes.com/sites/neilwinton/2024/09/29/european-autos-challenged-by-evs-china-weak-sales-profit-warnings/