Poor Financials Underline Industry’s Vulnerability To Predators. “In the next 10 years, there will be further consolidation in the industry” The automotive industry is braced for a round of poor financial results that will spook shareholders and probably spur the long-postponed shakeout, where no-hopers finally succumb to reality under pressure from digital world interlopers. And […]
Tag Archives | financial reports
BMW, Daimler Face Rocky Financial Reports, But Not VW
BMW, Daimler Face Rocky Financial Reports, But Not VW. “An industry-wide shift towards electric vehicles threatens BMW’s (profitability) lead” Investors in big German carmakers are bracing themselves for financial results in the next weeks that will underline gloomy long-term profit prospects, except for Volkswagen that is. Mercedes Benz parent Daimler and BMW are both facing […]