Today's auto industry reality: Business is booming, profits are strong, but investors are indifferent. They want to see losses in Europe ending soon - not likely - and expanding margins. GM and Ford (NYSE:F) are each down ~30% YTD; parts suppliers JCI and LEA aren't a lot better. An exception: Borg Warner (NYSE:BWA), which has skied ~147% in three years.
Today's auto industry reality: Business is booming, profits are strong, but investors are...
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Symbol | Last Price | % Chg |
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GM | - | - |
General Motors Company |