No Data
Light Vehicle Sales Volume Set to Be Down 12% Y/Y in September - Report
Morgan Stanley downgrades American car stocks, with GM and Ford stock prices dropping more than 5% at one point.
Due to the intensification of price wars, market share squeeze, insufficient consumer purchasing power, and the rising default rate of credit, profit of usa auto companies is under pressure. As a result, Morgan Stanley is pessimistic about the future of America's car-mart industry and has downgraded the ratings of multiple American auto companies.
Tropical Storm Helene Set To Become Hurricane: Generac, Duke Energy Stocks React As Florida Braces
As Inventory Levels Recover, Loyal Customers Returning to Their Brand of Choice, J.D. Power Finds
U.S. Trucking Activity Rises in August; Second Year-to-Year Gain in 18 Months -- OPIS
European auto stocks have dropped to a record low, but investors still choose to avoid them.
European auto stocks are currently very unpopular, to the point that investors are continuously reducing their shareholding.