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Stock impact report

Automobile Manufacturing Stocks Q3 In Review: Autoliv (NYSE:ALV) Vs Peers [Yahoo! Finance]

Autoliv, Inc. (ALV) 
Last autoliv, inc. earnings: 4/24 06:00 am Check Earnings Report
US:NYSE Investor Relations: autoliv.com/investors
Company Research Source: Yahoo! Finance
Much capital investment and technical know-how are needed to manufacture functional, safe, and aesthetically pleasing automobiles for the mass market. Barriers to entry are therefore high, and auto manufacturers with economies of scale can boast strong economic moats. However, this doesn't insulate them from new entrants, as electric vehicles (EVs) have entered the market and are upending it. This has forced established manufacturers to not only contend with emerging EV-first competitors but also decide how much they want to invest in these disruptive technologies, which will likely cannibalize their legacy offerings. The 11 automobile manufacturing stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 4.7%. Thankfully, share prices of the companies have been resilient as they are up 7.9% on average since the latest earnings results. With products estimated to save over 30,000 lives annually in traffic accidents worldwide, Autoliv (NYS Show less Read more
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