The global automotive industry experienced a 10% rise in company filings sentiment in Q2 2023 compared with the previous quarter, according to GlobalData’s analysis of over 487 automotive company filings. GlobalData’s Trends in Automotive reports help gain a comprehensive understanding of the market size, growth trends, breakthrough technologies, and key players driving innovation in the sector. Buy the report here.
Notably, in Q2 2023 the average sentiment rose from 0.62 to 0.68, indicating a more positive outlook for the industry. This followed a 6% quarter-on-quarter decrease in Q1 2023.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative or neutral. Starting at 100 in 2020, an index over 100 is more positive.
Top companies by company filings sentiment in the global automotive industry, Q2 2023 (Sentiment score)
For further understanding of GlobalData's Trends in Automotive, buy the report here.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
