Profits, doubts in equal measure at Geneva Motor Show

Profits, doubts in equal measure at Geneva Motor ShowThis year’s Geneva Motor Show comes at a curious time for an auto world enjoying record profits yet also gripped by doubt midway through the grand transition from diesel to electric and self-driving vehicles. “Geneva really ought to have been a lovely salon,” says, with heavy irony, Ferdinand Dudenhoeffer, director of German-based Center Automotive Research of Europe’s first major car show of the year running from March 8 to 18. Adding to the worries is a new threat by US President Donald Trump to tax imported European cars “which freely pour into the U.S”, if Brussels retaliates in response to his announced plans for tariffs on imported steel and aluminium.


Source: Yahoo! News