In November, the EU’s car market grew by “a modest but reasonably robust” 6.7%, the ACEA reported. “Despite a relatively low base of comparison, solid growth persisted, marking the sixteenth consecutive month of expansion,” the industry group stated. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on F:
- Insiders Pour Millions Into These 3 Buy-Rated Stocks — Here’s Why You Might Want to Ride Their Coattails
- What You Missed This Week in EVs and Clean Energy
- Ford Credit CEO Marion Harris to retire, Cathy O’Callaghan to succeed
- Cepton downgraded at Craig-Hallum after ‘devastating blow’ of GM cancellations
- Cepton price target lowered to $10 from $18 at Northland