economy

US gas guzzlers see off Europe’s EVs in latest round of car wars

Detroit carmakers had a strong second quarter, while their European rivals remain downbeat

US gas guzzlers see off Europe’s EVs in latest round of car wars

TL;DR

  • Detroit carmakers reported a strong second quarter.
  • European carmakers' outlook remained downbeat.
  • There was a performance disparity between American and European auto industries.