4.6 • 854 Ratings
🗓️ 7 November 2019
⏱️ 26 minutes
🧾️ Download transcript
It’s been a hectic year in the auto industry, with the first nationwide strike in decades happening at the same time the industry is facing a cyclical slowdown and a major technological turning point. Motley Fool Senior Auto Analyst John Rosevear joins the show to break down what this means for the auto industry and the Big Three U.S. automakers.
Stocks Mentioned: F, VWAPY, GM, FCAU, PUGOY
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0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
0:07.0 | Today is Thursday, November 7th, and we're breaking down the latest in auto industry news. |
0:11.0 | And we're host Nick Saipel, and today I'm joined by Motley Fool Senior Auto Analysts, John Roosevelt, via... and your |
0:13.7 | industry news. And your host Nick Saipel and today I'm joined by myly fool senior auto analyst John |
0:14.3 | Josephier via Skype. How's it going John? |
0:16.9 | It's going great Nick. |
0:17.9 | How are you? |
0:18.9 | I'm doing all right. You know there's a big college football game on Saturday, Alabama |
0:21.8 | LSU, one versus number two. |
0:24.0 | So I'm a little nervous, but I'm excited to do the show here with you today. |
0:28.4 | I think we'll have a great show. |
0:30.9 | It's been kind of a crazy year at Auto News. |
0:32.9 | We've saw our first nationwide strike in the better part of a decade. |
0:36.6 | Big global mergers being announced at the same time the entire industry is undergoing |
0:40.8 | this huge generational shift in technology to EVs, autonomous driving, |
0:44.6 | all those sorts of things. |
0:45.8 | And we're going to get into that a little bit later on the show. |
0:48.6 | But first off, the auto industry is notoriously cyclical as a business, and we've seen a number of companies already |
0:53.5 | report their earnings you know earlier this month. What of those recent |
0:58.3 | earnings reports told us about the state of the current global auto industry |
1:01.5 | today? Well first of all I spec up in some context. |
1:05.0 | I mean, we all remember the recession of 2008, 2009, |
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