As the first-quarter 2024 earnings season for the auto sector draws to a close, a mixed picture is emerging. Per the Earnings Trends report dated May 8, the beat ratio for the bottom line was 62.5%, while the same for the top line was 50%. While overall earnings of the sector have declined 19% year over year amid macroeconomic uncertainty due to inflationary pressures and geopolitical tensions, there is still some optimism left.A few prominent players in the industry — General Motors (GM) , BorgWarner (BWA) ...