Sharing Knowledge in Smallcaps

[BullNBear52]

Automakers are cautiously optimistic for a 2023 rebound after worst new vehicle sales in more than a decade
PUBLISHED FRI, JAN 6 20236:00 AM EST
thumbnail
Michael Wayland

KEY POINTS
Last year’s new vehicle sales in the U.S. were the worst in more than a decade.
Automakers are hoping 2022 will mark a bottom for the market.
Sales have been at or near recessionary levels on top of demand that has piled up during the coronavirus pandemic.
https://www.cnbc.com/2023/01/06/2022-us-auto-sales-are-worst-in-more-than-a-decade-.html

https://www.tipranks.com/news/morgan-stanley-to-auto-stocks-brace-for-impact

Doom and gloom and the sky is falling.

And go Mr Irrelevant and go Blue and shuffle off to Buffalo.