3 Top Foreign Auto Picks Riding the Industry's Strength
BMW(BMWYY) Zacks Investment Research·2024-01-30 23:06
Rising environmental concerns are driving a global shift toward sustainable energy, with electric vehicles (EVs) taking center stage. This surge in EV sales is poised to drive significant growth in the Zacks Automotive – Foreign industry as cities and nations worldwide push for green energy transitions and deadlines to phase out fossil fuel vehicles. Notably, India, China, Japan and Europe experienced year-over-year growth in vehicle sales in 2023. The momentum is expected to continue in 2024, albeit at a p ...