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Wall Street's 3 Favorite Auto Stocks Worth Buying for 2025
BLBDBlue Bird(BLBD) ZACKS·2024-12-16 16:25

In 2024, the U.S. auto industry found itself at a crossroads, with affordability taking center stage as consumers tightened their belts. With high interest rates and elevated vehicle prices straining consumers' wallets, demand for new vehicles softened. In the third quarter, new vehicle sales in the United States fell 2% year over year, the second straight quarterly decline. Production forecasts for North American light vehicles were adjusted downward, from 15.8 million units to 15.5 million, reflecting del ...