
Despite macroeconomic concerns, auto sales in the United States are likely to stay strong due to rising demand. Given the industry’s growth prospects, fundamentally strong auto stocks AB Volvo (publ) (VLVLY), Isuzu Motors Limited (ISUZY) and Volkswagen AG (VWAGY) might be worth buying.
Before delving deeper into their fundamentals, let’s discuss what’s happening in the auto industry.