2 Foreign Auto Stocks to Watch Despite Industry Woes: BYDDY & HMC
BYDDYBYD(BYDDY) ZACKS·2024-09-06 21:30

The Zacks Automotive – Foreign industry is grappling with mixed signals from key markets. In China, despite a rise in vehicle sales and a surge in new energy vehicle (NEV) demand, concerns over economic headwinds and international tariffs loom large. Europe’s BEV market faces a downturn, marked by declining sales and economic uncertainty, with major players like Volkswagen (VWAGY) considering plant closures. Meanwhile, Japan's market is also struggling with sluggish auto sales. While near-term prospects of ...