Thursday, July 26, 2018

A nightmare day of earnings in Detroit

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA GM and FCA reported weak earnings, with both reining in profit forecasts for the year. That sparked sharp sell-offs of their stocks. Then it really got ugly when Ford posted its results.
http://www.autonews.com/article/20180726/OEM/180729808/gm-ford-fca-earnings-analysis

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