In this article, we discuss 13 best car stocks to invest in. If you want to skip our discussion on the auto industry, head over to 5 Best Car Stocks To Buy Right Now. Fitch Ratings’ 2024 outlook for the global auto manufacturing and supply sector is neutral. Fitch forecasts improved supply chains boosting global […]
The multinational auto parts manufacturer on Wednesday adjusted its expectations for sales growth in the autos market to 5-7%, from 3-5% previously. However, while it was too soon to set its own outlook, Continental said it shared S&P Global s forecast of just 1-3% growth in light vehicle sales next year.
"On the surface, with a projected SAAR (seasonally adjusted annual rate) result of 15.7 million units, October auto sales will be stronger than they appear," said Chris Hopson, principal analyst at S&P Global Mobility. New total light vehicle sales in October are estimated to be 1.22 million units, up 3.3% year-over-year, according to the report. "Underlying pressure by way of still-notable vehicle affordability concerns, potential economic slowdown and specific instances of severely limited inventory levels are likely to be a drag on auto sales for the remainder of the year," Hopson added.
In this article, we are going to discuss the 15 best-selling car brands in the U.S. You can skip our detailed analysis of the automotive industry in the U.S., the best-selling automaker in America, and the global semiconductor shortage affecting the car manufacturing industry, and go directly to 5 Best-Selling Car Brands in the U.S. […]
The report reflects findings from robust model-level forecasting that autonomous vehicle expectations have not been fulfilled and still face more headwinds – affording significant opportunity and scale to automated driving implementations in the interim.