Foreign Auto Industry Moves Into Fast Lane: 2 Promising Stocks

The outlook for Zacks Automotive – Foreign industry is bright amid sustained demand for vehicles and worldwide push for green energy transitions despite economic uncertainty in various key markets. Vehicle sales in Europe are set to increase, albeit at a slower pace. China car sales (including gas-powered, electric and hybrids) are also projected to rise. India’s impressive growth momentum is expected to continue its upward trajectory. The industry's valuation provides support, as it trades at a discount co ...