shockedcanadian
Diamond Member
- Aug 6, 2012
- 32,425
- 29,765
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MSS deserves all the credit in the world. Success after success, convincing capitalist nations to undermine their own energy and business policies, have them throw money into the black hole while China uses slave labour which some Western companies quietly leveraged. MSM was so in love with Chinas growth and opportunity, doing the work of the MSS to praise and encourage businesses to fund the communists.
Merkel in particular was a great leader...for China and Russia! Germany was the envy of the world for high paying, high tech manufacturing. Once they moved into China, MSS moved into their production plants I'm sure, if they didn't by default agree to share their IP. Brilliant really.
MILAN (Reuters) - European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over the sector's earnings outlook in a year marred by slowing demand and aggressive Chinese competition.
The rout wiped off nearly $10 billion from the market value of the STOXX Auto & Parts index with Stellantis, listed in Paris and Milan, falling 14% after slashing forecasts and saying it would burn more cash than initially expected.
Stellantis, Europe's No. 5 carmaker by market value and owner of the Chrysler, Jeep, Fiat, Citroen and Peugeot brands, cited worsening industry trends, higher costs to overhaul its U.S. business and Chinese competition on electric vehicles.
Merkel in particular was a great leader...for China and Russia! Germany was the envy of the world for high paying, high tech manufacturing. Once they moved into China, MSS moved into their production plants I'm sure, if they didn't by default agree to share their IP. Brilliant really.
MILAN (Reuters) - European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over the sector's earnings outlook in a year marred by slowing demand and aggressive Chinese competition.
The rout wiped off nearly $10 billion from the market value of the STOXX Auto & Parts index with Stellantis, listed in Paris and Milan, falling 14% after slashing forecasts and saying it would burn more cash than initially expected.
Stellantis, Europe's No. 5 carmaker by market value and owner of the Chrysler, Jeep, Fiat, Citroen and Peugeot brands, cited worsening industry trends, higher costs to overhaul its U.S. business and Chinese competition on electric vehicles.
