S&P Says Expect U.S Auto Sector Industry Momentum To Brake Modestly In Second Half Of 2023 And Forecast Flattish Volume Environment In 2024
Portfolio Pulse from Benzinga Newsdesk
S&P predicts a modest slowdown in the U.S auto sector industry momentum in the second half of 2023, with a flat volume environment forecasted for 2024.
September 15, 2023 | 7:44 pm
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NEGATIVE IMPACT
Ford Motor Company (F) may experience a slowdown in momentum in H2 2023 and a flat volume environment in 2024, as per S&P's forecast.
As a major player in the U.S auto sector, Ford is likely to be directly impacted by the predicted slowdown and flat volume environment. This could potentially affect their sales and revenue.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
General Motors Company (GM) may see a slowdown in momentum in H2 2023 and a flat volume environment in 2024, according to S&P's forecast.
General Motors, being a significant player in the U.S auto sector, is likely to be directly affected by the predicted slowdown and flat volume environment. This could potentially impact their sales and revenue.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Stellantis N.V. (STLA) may face a slowdown in momentum in H2 2023 and a flat volume environment in 2024, as per S&P's forecast.
Stellantis, as a major player in the U.S auto sector, is likely to be directly impacted by the predicted slowdown and flat volume environment. This could potentially affect their sales and revenue.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100