Reported 27 days ago
Emmanuel Rosner from Wolfe Research expresses caution regarding the auto industry, indicating that while automakers, like GM and Hyundai, pursue advancements in electrification and software, these trends are evolving more slowly than expected. He highlights significant investments made by automakers that have yet to yield returns, alongside notable market share losses to companies such as Tesla and various Chinese manufacturers, underscoring the industry's structural challenges.
Source: YAHOO