Consumer Goods and Retail Headlines

Fitch: Automakers to Feel Impact From Disruptive Trends

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: European Automotive Manufacturers Handbook https://www.fitchratings.com/site/re/904170 LONDON, October 17 (Fitch) Fitch Ratings expects that automakers will feel the impact on cash flows, budgets and business profiles from the significant increase in resources needed to invest in radically new technology and changes in personal mobility. Disruptive developments that automakers face range from the shift to