DAILY ROUNDUP | OCT 29 | Ford F-150 -14K, Stellantis €4B Burn, China -21.7%, CPO $40.6K
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The automotive industry is facing a financial squeeze as automakers burn billions in cash, Chinese vehicle sales collapse, and trade tensions threaten North American manufacturing. Meanwhile, consumers are paying an $11,300 premium for certified pre-owned vehicles in search of affordability and peace of mind.
Today's episode breaks down Ford's F-150 production decline and $10 billion to $11 billion earnings outlook, Stellantis' €4 billion quarterly cash outflow, China's 21.7% passenger…
The skinny
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