Sustained demand for new cars, a growing global transition to electric vehicles (EVs), the rapid adoption of digital technologies, and the introduction of e-commerce platforms positions the automotive industry well-positioned for significant long-term growth. there is. Considering the industry… Source: stocknews.com
Strong demand for new cars, improving supply chains, increased demand for aftermarket parts, increased availability of advanced parts and government incentives to move toward electric vehicles (EVs) are boosting the outlook for the auto industry. Therefore, it may be wise to buy on fundamentals… Source: stocknews.com
The U.S. auto industry has made a remarkable comeback, driven by improving economic conditions and pent-up demand from consumers who resisted buying cars during the pandemic. So fundamentally sound auto stocks AB Volvo (publ) (VLVLY), REV Group, Inc. (REVG), and Stellantis NV (STLA) may be wise… Source: stocknews.com