Many remain skeptical about whether their decade-long efforts have succeeded at unchaining them from the U.S. economic cycle
General Motors Co and Ford Motor Co hope their earnings reports next week will convince skeptical investors that their decade-long efforts have succeeded at unchaining them from the U.S. economic cycle.
GM reports results Tuesday. Ford follows on Wednesday, having already warned investors that third quarter results will fall short of expectations because of supply chain and logistics snarls. Wall Street investors have not waited to act on wariness that demand for cars is finally entering a long-delayed cyclical downturn.
Shares of the world’s most valuable automaker, Tesla Inc , fell on Thursday after the company warned it might not hit its full-year goal of increasing vehicle deliveries by 50% or more.
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