Skip to content

Europe’s Auto Profitability To Slip In 2024, But Watch Out For 2025 – Forbes

Europe’s Auto Profitability To Slip In 2024, But Watch Out For 2025 – Forbes

 

European auto manufacturers’ profits will be a bit harder to come by in 2024 but for next year dark clouds are gathering. Profits should be 15% to 25% lower this year after something of a bonanza in 2023. Financial reports for 2023 will soon shed more detail on expectations for this year. But the threat to sales from China, mainly with electric vehicles, won’t reach top gear before 2025, while next year European Union carbon dioxide emission rules will tighten.… 

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *