10 Best Automotive Stocks to Invest in Now
In this article we will take a look at the 10 best automotive stocks to invest in now. You can skip our comprehensive analysis of these stocks and go directly to the 5 Best Automotive Stocks to Invest in Now.
Global car sales took a major battering due to the COVID-19 pandemic last year as the lockdown restrictions dramatically decreased demand for new vehicles. According to research by credit rating agency Moody’s, automotive unit sales plunged almost 16% in 2020, beating projections of a 14% drop at the beginning of the coronavirus crisis. This was the sharpest decline in car sales in many decades, even beating the 9% crash witnessed following the 2009 financial crisis. However, the rating agency forecast that sales would rebound in 2021.
London-based information provider IHS Markit Ltd. (NYSE: INFO) estimates that the rebound is likely to result in a 9% year-on-year improvement
Transport infrastructure consists of the fastened installations, including roads , railways , airways , waterways , canals and pipelines and terminals equivalent to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and gasoline stations ) and seaports Terminals may be used each for interchange of passengers and cargo and for maintenance. U.S. USERS: THESE TERMS INCLUDE A BINDING ARBITRATION AGREEMENT AND SOPHISTICATION ACTION AND JURY TRIAL WAIVER CLAUSES IN PART 14.2 BENEATH, THAT ARE RELEVANT TO ALL U.S. USERS. Extended warranties supply peace of mind, however apart from the coverage included with factory-certified pre-owned cars, further plans come with a price that research have shown to be higher than the advantages you may declare in repairs.