Earnings Season Brings Worrisome Results for Global Automakers

(Image courtesy of Maho Obata, Nikkei Asian Review)

Earnings season is in full swing for publicly traded companies worldwide. Three major car manufacturers—Daimler, Toyota, and General Motors—recently made quarterly financial information available to shareholders. Given the turbulence facing the auto market (trade war concerns, increased commodity prices, and softening Asian demand) there was some hope that the latest round of earnings information would allay investors’ conc…


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Source Website: Advance Engineering – Engineering.com