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Автогиганты США готовятся к упадку

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  • Knowledge is power
  • The Future Of Possible
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  • Tip of the day: That man again
  • Hibs and Ross County fans on final
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S 2 of the  largest  South American  car manufacturers  Ford Motor and General Motors  are preparing  for a  likely  financial  declineAdherents of the firms reported  this  as the  ongoing trade battle between the USA  and China is fueling  fears of a massive  recession,  reports  Reuters  .      

The reciprocal  tariffs  have pushed up commodity  prices  for the  global  auto industry,  which is  now  positioned  to be  hit by  weak  demand in China and the  US .

According  to  Matt Fields,  Ford North American ‘s chief money  officer , Ford Motor  has a  $20  billion foreign exchange  buffer   against  a possible financial regression .    

General Motors  has  $18  billion  with the potential to pay dividends  in  2  years,   Divya Suryadewara , head of the firm’s cash  department  , said  at the conference  . 

Mutual  duties of Washington and Beijing  increased  prices  for raw materials for the  global  auto industry

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GM is considering strategies to save money in the event of an economic crisis, including postponing non-essential capital expenditures and considering switching to cheaper vehicles.

Ford said it is «proactively» evaluating future moves, working with economists to determine the severity of a possible recession.

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