A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. . What’s happening: 2022 was the worst year in more than a decade for the auto industry, largely because manufacturers couldn’t keep up with consumer demand.
In a note this week, Bank of America analysts gave buy ratings to Ford, GM, Ferrari, Lucid Motors and Rivian based on their latest earnings estimates. Wall Street worries: But the latest University of Michigan survey showed that consumers are cautious on purchasing a vehicle in the current environment, with high prices cited as the primary factor.
Stop complaining Look at CNN polls Worse network. People are sick and tired of CNN. Why is CNN all day long on Twitter with gossip ? Two Worse networks CNN and FOX NEWS. American people stop watching CNN and FOX NEWS Boycott those corrupt networks.
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