After record-setting sales years in 2015 and 2016, the US auto market appears to have plateaued. The past few months have seen year-over-year sales declines, so the boom could be shifting to a cyclical decline.
Amid this scenario, the Big Three Detroit automakers — General Motors, Ford, and Fiat Chrysler Automobiles — will report second-quarter earnings this week.
All three have posted steady profits for years, yet seen their stock prices languish (Ford and GM in particular, FCA less...