In this article we discuss the top 10 car company stocks to invest in. You can skip our discussion of the automotive industry outlook and some highlights of Lucid Motors CEO’s recent interview and go directly to Top 5 Car Company Stocks To Invest In.
Car company stocks took a beating in 2020 amid falling auto sales in the U.S. and abroad following the coronavirus crisis. However, analysts believe that industry is ripe for investment in 2021 as consumer spending begins to come back to normal levels. The automotive sector is also undergoing key changes that will make the industry grow faster. Riding this tide of change are innovative, futuristic car companies that are posing a serious challenge to big players like Ford and General Motors. One such promising company is luxury EV maker Lucid Motors, which plans to merge with special purpose acquisition company Churchill Capital Corp IV