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Why Detroit Autos Could Be in Trouble Soon. Hint: Saying Goodbye to Big Profits?
The Motley Fool·
Detroit automakers face potential profit pressures as consumer demand shifts from high-margin full-size trucks and SUVs toward more affordable, fuel-efficient vehicles. Rising gas prices, vehicle affordability crisis (average new car price above $50,000), and the challenge of maintaining margins on electric vehicles are creating headwinds for Ford, GM, and Stellantis.
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