AD #2073 – BMW and Ford Report Weaker Profits, Mustang Shelby GT350 Owners Sue Ford, Global Brands in Trouble in China?

published 1 year ago by John McElroy

- Ford, BMW Report Weaker Profits - Shelby GT350 Owners Sue Ford - Toyota Installs Air Cleaning Billboards - Barn Find Revealed - Lincoln Continental’s DLP HUD - Production Surges in China - Global Brands Could Be in Trouble in China

On today's show BMW and Ford both report weaker profits owners of the Mustang Shelby GT 350 are suing Ford and why foreign brands could be in trouble in China on that more coming right up on online daily. This is not a line daily the shell for enthusiasts of the automotive industry. BMW and Ford are spending heavily on electric cars autonomy and mobility and both are at a trough in their product cycle and that is translating into lower profit margins. Yesterday Ford warned analysts that its profits will drop this year though the company still expects to earn about $9000000000. BMW says its profits margins dropped 8.9 percent down from 9.2 and here's the problem neither company has introduced very many new products in the last year ...

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