Hard to make money in the auto industry

Discussion in 'Stocks' started by zdreg, Jan 12, 2020.

  1. zdreg



    Separately, Chinese tycoon Li Shufu’s Geely Group has held preliminary discussions about a possible investment in Aston Martin, the people said. Geely, which controls Sweden’s Volvo, Britain’s Lotus Cars and holds a minority stake in Daimler AG, is primarily interested in a technology-sharing deal that could benefit businesses such as Lotus, they said.
  2. ET180


    Probably one of the worst industries to be in. Very capital and labor intensive. Thin profit margins. Highly cyclical.