Very good point to mention strong deliveries in this context as well. Delivery numbers should be a central part of any quarterly automotive expectation summary.
Neutral in this context would simply point to mixed signals and its color would be orange. (Similar to this example)
The reason for not making it green is that markets are going to react based on the numbers of the quarter but will also take the outlook into account.
Overall I think even though there are signs of weakness, it is a slight weakness in a strong environment, so our rating could be greenish as well, but this would require a bit more confidence on our side that the signs of weakness would indeed not turn into a problem at one point down the line.
Over time we could also iterate on our expectation format and as an example, we could use different colors for the current state and the outlook.