Despite macroeconomic concerns, auto sales in the United States will likely grow due to pent-up demand, improved inventories and attractive financing terms. Also, technological improvements in marketplaces and products are attracting more buyers.
Given the industry’s growth prospects, investors could consider buying fundamentally sound auto stocks Ferrari N.V. (RACE), Isuzu Motors Limited (ISUZY) and Suzuki Motor Corporation (SZKMY) for solid returns.
