ilmscore | Prediction Details
"I'm here to tell you there's a Day of Reckoning coming for all these automakers okay and the reason being is when I looked out there and I saw that inventory that's sitting on these Lots this is going to weigh on those companies numbers in 2024 because you can only send these dealers so much inventory before they start to say we can't move this crap and guess what dealers start having to do they have to start discounting heavily... these guys are going to be feeling the pain very shortly here and wait to see the numbers from these guys in the back half of the year when the dealers ship start kicking up a thing and say quit freaking sending us inventory we can't even move what we got it's going to be an issue"
By Financial Education | April 15, 2024 | Pending
From video
I Sold This Stock… 00:11:21 - 00:12:52
Interpreted Prediction
Automakers will experience a 'Day of Reckoning' in the back half of 2024, with excess inventory at dealerships leading to heavy discounting and negatively impacting their financial numbers.

Prediction Details

Topic
Auto Industry Performance

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