# A positive projection for the auto industry

**URL:** <https://community.cartalk.com/t/a-positive-projection-for-the-auto-industry/189824>\
**Category:** General Discussion\
**Created:** [March 29, 2023, 1:26pm UTC](https://community.cartalk.com/t/a-positive-projection-for-the-auto-industry/189824 "2023-03-29T13:26:25Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\
**Post date:** [March 29, 2023, 1:26pm UTC](https://community.cartalk.com/t/a-positive-projection-for-the-auto-industry/189824/1 "2023-03-29T13:26:25Z")

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… from a German chip manufacturer:

> **[Infineon hikes 2023 sales, margin outlook, shares rise](https://www.reuters.com/technology/infineon-raises-2023-outlook-automotive-industrial-strength-2023-03-28/)**
>
> Shares in Infineon rose on Wednesday after the German chipmaker raised its outlook for both its financial second quarter and the whole of 2023, citing resilience in its automotive and industrials divisions.

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**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\
**Post date:** [March 29, 2023, 4:33pm UTC](https://community.cartalk.com/t/a-positive-projection-for-the-auto-industry/189824/2 "2023-03-29T16:33:15Z")

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I dunno. They increased 0.1 billion euros for the quarter out of four billion. Not real substantial as folks catch up on the shortage. Then forecast lower auto component pricing if I scanned it right. But then wouldn’t steel and aluminum prices be headed downward too. Seems opposite of the 2023 automotive blood bath being forecast due to pricing products out of the market.