VW profits DOWN 64%.
Audi profits DOWN 91%.
BMW profits DOWN 84%.
Mercedes profits DOWN 54%.
You ain't seen nothing yet! I read in the FT the other week that BYD are introducing a 'cheap' electric car to Europe at about 25,000 Euro.
Apparently they could sell them at 10,000 Euro and still break even.
And this is before the AI revolution sees off all those nice safe white collar jobs .
Meanwhile the orange one talks of tariffs as though he knew nohing of history or economics.
Oh, hang on ................