Dealer profits drop 70 percent year over year, and the automaker's operating profit dropped 99 percent in the last quarter
  • YourBrainOnScience@lemmy.worldEnglish
    5·
    2 months ago

    Hopefully they survive but this seems to be a self inflicted wound. They destroyed their reputation with the unreliable CVTs and now they are left competing with Stellantis in the subprime market, where deep discounts and risky lending is the only way to move inventory.