Europe Auto Profits Weakening, Undermined By Slowing EV Sales

Auto sales in Europe still look strong, but the underlying profit fundamentals are deteriorating fast, not helped by electric cars failing to meet expectations.

In particular, Volkswagen and Mercedes are under pressure, but BMW is fending off the stresses.

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Europe Auto Profits Weakening, Undermined By Slowing EV Sales

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Europe Auto Profits Weakening, Undermined By Slowing EV Sales

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