Originally published in Automotive News
By Daron Gifford
“It could well be that we have passed the peak of automotive production,” warned CEO Volkmar Denner.
And although we may hear other negative news during this earnings season’s announcements, one company’s misfortunes rarely speak for an industry at large. Nor do short-term trends make for solid forecasts for ongoing health. Drill deeper into the numbers, and you won’t just find an industry on a steady, 20-year ascent. You’ll find conditions that welcome prosperity for the next decade and beyond.
Read the full article at Automotive News
Daron Gifford is the Automotive industry consulting leader at Plante Moran in Detroit.