Auto/Tires/Trucks Stocks List

This page shows information about the 50 largest auto/tires/trucks stocks including Tesla, Stellantis, Honda Motor, and Ford Motor. Learn more about automotive, tire, and truck stocks.

#1 - Tesla

NASDAQ:TSLA
Stock Price: $180.14 (+$3.25)
Market Cap: $570.95 billion
P/E Ratio: 53.0
Consensus Rating: Hold (17 Buy Ratings, 15 Hold Ratings, 4 Sell Ratings)
Consensus Price Target: $204.33 (13.4% Upside)

Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

#2 - Stellantis

NYSE:STLA
Stock Price: $16.78 (+$0.33)
Market Cap: $52.57 billion
Consensus Rating: Buy (3 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $19.50 (16.2% Upside)

Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. The company was founded on April 01, 2014 and is headquartered in Hoofddorp, the Netherlands.

#3 - Honda Motor

NYSE:HMC
Stock Price: $28.20 (-$0.09)
Market Cap: $48.24 billion
P/E Ratio: 9.4
Dividend Yield: 2.35%
Consensus Rating: Buy (2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $31.51 (11.7% Upside)

Honda Motor Co., Ltd. engages in the manufacture and sale of automobiles, motorcycles, and power products. It operates through the following segments: Automobile, Motorcycle, Financial Services, and Power Product and Other Businesses. The Automobile segment manufactures and sells automobiles and related accessories. The Motorcycle segment handles all-terrain vehicles, motorcycle business, and related parts. The Financial Services segment provides financial and insurance services. The Power Product and Other Businesses segment offers power products and relevant parts. The company was founded by Soichiro Honda on September 24, 1948 and is headquartered in Tokyo, Japan.

#4 - Ford Motor

NYSE:F
Stock Price: $11.65 (+$0.01)
Market Cap: $46.61 billion
P/E Ratio: 16.4
Dividend Yield: 5.15%
Consensus Rating: Hold (4 Buy Ratings, 6 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $14.56 (25.0% Upside)

Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories. The Ford Next segment focuses on development costs for autonomous vehicles and related businesses, equity ownership in Argo AI, and other mobility businesses and investments. The Ford Credit segment is involved in the credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. The company was founded by Henry Ford on June 16, 1903 and is headquartered in Dearborn, MI.

#5 - General Motors

NYSE:GM
Stock Price: $32.66 (-$0.24)
Market Cap: $45.40 billion
P/E Ratio: 5.0
Dividend Yield: 1.09%
Consensus Rating: Buy (10 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $49.06 (50.2% Upside)

General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.

#6 - PACCAR

NASDAQ:PCAR
Stock Price: $71.75 (+$0.14)
Market Cap: $37.50 billion
P/E Ratio: 11.9
Dividend Yield: 1.40%
Consensus Rating: Hold (5 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $57.36 (-20.1% Upside)

PACCAR, Inc. is a global technology company, which engages in the design and manufacture of light, medium, and heavy-duty trucks. It operates through the following segments: Truck, Parts and Financial Services. The Truck segment designs and manufactures heavy, medium, and light duty diesel trucks which are marketed under the Kenworth, Peterbilt, and DAF brands. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment provides finance and leasing products and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.

#7 - Fiat Chrysler Automobiles

NYSE:FCAU
Stock Price: $16.78 (+$0.33)
Market Cap: $32.88 billion
P/E Ratio: 209.8
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through five segments: North America, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand. The company also provides cast iron components for engines, gearboxes, transmissions and suspension systems, aluminum cylinder heads, and engine blocks under the Teksid brand; and designs and produces industrial automation systems and related products for the automotive industry under the Comau brand name. In addition, it provides retail and dealer financings, and leasing and rental services; and factoring services. The company sells its products directly, or through distributors and dealers in approximately 130 countries. The company was formerly known as Fiat S.p.A. and changed its name to Fiat Chrysler Automobiles N.V. in October 2014. Fiat Chrysler Automobiles N.V. was founded in 1899 and is based in London, the United Kingdom.

#8 - Mobileye Global

NASDAQ:MBLY
Stock Price: $40.83 (+$1.72)
Market Cap: $32.74 billion
Consensus Rating: Buy (19 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $45.10 (10.4% Upside)

Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates. It also provides Mobileye Chauffeur, a generation solution; and Mobileye Drive, a Level 4 solution, which comprise a set of autonomous driving technology solutions, such as Self-Driving System & Vehicles and Autonomous Mobility as a Service. The company was founded in 1999 and is headquartered in Jerusalem, Israel. Mobileye Global Inc. operates as a subsidiary of Intel Overseas Funding Corporation.

#9 - Cummins

NYSE:CMI
Stock Price: $216.68 (+$2.03)
Market Cap: $30.67 billion
P/E Ratio: 12.2
Dividend Yield: 2.93%
Consensus Rating: Hold (2 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $254.25 (17.3% Upside)

Cummins, Inc. engages in the design, manufacture, and market of diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation, and service which service and distribute its products and services. The Components segment supplies products such as aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial, and generator technologies. The New Power segment designs, manufactures, sells, and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was

#10 - Li Auto

NASDAQ:LI
Stock Price: $29.10 (+$0.42)
Market Cap: $30.33 billion
Consensus Rating: Buy (6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $35.74 (22.8% Upside)

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.

#11 - Genuine Parts

NYSE:GPC
Stock Price: $164.77 (-$0.01)
Market Cap: $23.15 billion
P/E Ratio: 18.9
Dividend Yield: 2.31%
Consensus Rating: Hold (1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $164.75 (0.0% Upside)

Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. It operates through the following segments: Automotive Parts Group, Industrial Parts Group, and Corporate. The Automotive Parts Group segment distributes replacement parts, other than body parts for substantially all makes and models of automobiles, trucks, and other vehicles. The Industrial Parts Group segment offers a range of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components, and related parts and supplies. The company was founded by Carlyle Fraser on May 7, 1928, and is headquartered in Atlanta, GA.

#12 - Tata Motors

NYSE:TTM
Stock Price: $0.00
Market Cap: $19.25 billion
Consensus Rating: Buy (3 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Tata Motors Ltd. is an automobile manufacturer with a portfolio that includes a range of cars, utility vehicles, trucks, buses, and defense vehicles. It operates through the Automotive and Others segments. The Automotive segment includes all activities relating to the development, design, manufacture, assembly and sale of vehicles including vehicle financing, as well as sale of related parts and accessories. It also consists of sub-segments, such as, Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. The Others segment includes information technology and insurance broking services. The company was founded on September 1, 1945 and is headquartered in Mumbai, India.

#13 - CNH Industrial

NYSE:CNHI
Stock Price: $14.00 (-$0.01)
Market Cap: $18.76 billion
P/E Ratio: 8.8
Consensus Rating: Buy (8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $19.43 (38.8% Upside)

CNH Industrial NV designs, produces and sells agricultural equipment and commercial vehicles. It operates through the following business segments: Heavy construction equipment and Light construction equipment. The Heavy construction equipment segment includes general construction equipment such as large wheel loaders and excavators, and road building and site preparation equipment such as graders, compactors and dozers. Purchasers of heavy construction equipment include construction companies, municipalities, local governments, rental fleet owners, quarrying and mining companies, waste management companies and forestry-related concerns. The Light construction equipment is also know as compact and service equipment, and it includes skid-steer loaders, compact track loaders, tractor loaders, rough terrain forklifts, backhoe loaders, small wheel loaders and excavators. Purchasers of light construction equipment include contractors, residential builders, utilities, road construction companies, rental fleet owners, landscapers, logistics companies and farmers. The company was founded in 1866 and is headquartered in London, the United Kingdom.

#14 - Magna International

NYSE:MGA
Stock Price: $52.73 (+$0.23)
Market Cap: $15.09 billion
P/E Ratio: 34.7
Dividend Yield: 3.50%
Consensus Rating: Hold (5 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $62.00 (17.6% Upside)

Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors and Structures, Power and Vision, Seating Systems, and Complete Vehicles. The Body Exteriors and Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power and Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.

#15 - LKQ

NASDAQ:LKQ
Stock Price: $55.76 (-$0.92)
Market Cap: $14.90 billion
P/E Ratio: 13.4
Dividend Yield: 1.94%
Consensus Rating: Buy (3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $67.00 (20.2% Upside)

LKQ Corp. is a distributor of vehicle products and its parts to repair, maintain, and accessorize automobiles. It operates through the following segments: Wholesale-North America, Europe and Specialty. The Wholesale-North America segment includes Glass and Self-Service segments. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL.

#16 - NIO

NYSE:NIO
Stock Price: $8.07 (+$0.25)
Market Cap: $13.47 billion
Consensus Rating: Buy (6 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $17.52 (117.1% Upside)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, the People's Republic of China.

#17 - Lucid Group

NASDAQ:LCID
Stock Price: $7.18 (-$0.11)
Market Cap: $13.17 billion
Consensus Rating: Hold (3 Buy Ratings, 3 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $9.79 (36.3% Upside)

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

#18 - Rivian Automotive

NASDAQ:RIVN
Stock Price: $13.47 (-$0.07)
Market Cap: $12.41 billion
Consensus Rating: Buy (11 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $27.74 (105.9% Upside)

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.

#19 - BorgWarner

NYSE:BWA
Stock Price: $46.15 (+$1.17)
Market Cap: $10.82 billion
P/E Ratio: 11.3
Dividend Yield: 1.51%
Consensus Rating: Buy (7 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $52.73 (14.3% Upside)

BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Air Management, e-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The e-Propulsion & Drivetrain segment focuses on the products that improve fuel economy, reduce emissions, and enhance performance in combustion, hybrid and electric vehicles. The Fuel Injection segment includes gasoline and diesel fuel injection components and systems that deliver efficiency for traditional and hybrid vehicles with gasoline combustion engines. The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. The company was founded in 1928 and is headquartered in Auburn Hills, MI.

#20 - XPeng

NYSE:XPEV
Stock Price: $9.02 (-$0.11)
Market Cap: $7.72 billion
Consensus Rating: Hold (1 Buy Ratings, 9 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $15.26 (69.2% Upside)

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.

#21 - Autoliv

NYSE:ALV
Stock Price: $86.98 (-$0.25)
Market Cap: $7.47 billion
P/E Ratio: 18.2
Dividend Yield: 3.03%
Consensus Rating: Hold (6 Buy Ratings, 9 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $98.77 (13.6% Upside)

Autoliv, Inc. engages in the development, manufacture, and supply of automotive safety systems. The firm's products include passive safety systems, including modules and components for passenger and driver airbags, side airbags, curtain airbags, seatbelts and steering wheels. It also supplies anti-whiplash systems and pedestrian protection systems. The company was founded by Lennart Lindblad in 1953 and is headquartered in Stockholm, Sweden.

#22 - Lear

NYSE:LEA
Stock Price: $125.06 (+$0.76)
Market Cap: $7.38 billion
P/E Ratio: 17.7
Dividend Yield: 2.48%
Consensus Rating: Hold (4 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $155.23 (24.1% Upside)

Lear Corp. engages in the design, manufacture and supply of automotive seats, electrical distribution systems and electronic modules, as well as related sub-systems, components, and software. It operates through the following segments: Seating and E-Systems. The Seating segment consists of the design, engineering, just-in-time assembly and delivery of complete seat systems, as well as the manufacture of all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The E-System segment engages in the design, development, engineering and manufacture of electrical distribution systems, as well as electronic control modules, electrification products, connectivity products and software solutions for the cloud, vehicles and mobile devices. The company was founded in 1917 and is headquartered in Southfield, MI.

#23 - WABCO

NYSE:WBC
Stock Price: $0.00
Market Cap: $7.01 billion
P/E Ratio: 37.4
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

WABCO Holdings Inc., together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, steering, transmission automation, and air management systems primarily for commercial vehicles. The company's products include pneumatic anti-lock braking systems, electronic braking systems, electronic stability control systems, brake controls, automated manual transmission systems, and air disc brakes; and various conventional mechanical products, such as actuators, air compressors, and air control valves for medium and heavy-duty trucks, buses, and trailers. It also offers pneumatic and hydraulic braking and control systems for off-highway vehicles; conventional braking systems; electronic and conventional air suspension systems; steering technologies; and vehicle electronic stability control and roll stability support products, and advanced driver assistance systems. In addition, the company supplies electronic suspension controls and vacuum pumps to the passenger car and SUV markets, as well as provides remanufacturing services. Further, it offers replacement parts, fleet management solutions, diagnostic tools, training, and other expert services for commercial vehicle aftermarket distributors and service partners, and fleet operators. The company sells its products primarily to truck and bus original equipment manufacturers (OEMs), trailer OEMs, and car manufacturers; and manufacturers of heavy duty and off-highway vehicles in agriculture, construction, mining, and other industries. WABCO Holdings Inc. was founded in 1869 and is headquartered in Brussels, Belgium.

#24 - Polestar Automotive Holding UK

NASDAQ:PSNY
Stock Price: $3.27 (-$0.10)
Market Cap: $6.93 billion
Consensus Rating: Hold (3 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $8.40 (156.9% Upside)

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

#25 - Gentex

NASDAQ:GNTX
Stock Price: $28.00 (-$0.14)
Market Cap: $6.54 billion
P/E Ratio: 19.9
Dividend Yield: 1.71%
Consensus Rating: Buy (2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $30.00 (7.1% Upside)

Gentex Corp. is a technology company, which engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products. It operates through the Automotive Products and Other segments. The Automotive Products segment operates in virtually all the foregoing facilities. The Other segment operates in certain Zeeland, Michigan facilities, as well as research and development offices in Salt Lake City, Utah and Santa Clara, California. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

#26 - Polaris

NYSE:PII
Stock Price: $105.78 (-$2.62)
Market Cap: $6.02 billion
P/E Ratio: 12.7
Dividend Yield: 2.46%
Consensus Rating: Hold (3 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $114.27 (8.0% Upside)

Polaris Inc. engages in designing, engineering, and manufacturing power sports vehicles. It operates through the following segments: Off-Road, On-Road, and Marine. The Off-Road segment includes off-road vehicles (ORV) and snowmobiles. The On Road segment is involved in the design and manufacture of motorcycles, moto-roadsters, light duty hauling, and passenger vehicles. The Marine segment focuses on the design and manufacture of boats. The company was founded by Edgar E. Hetteen, Allan Hetten, and David Johnson in 1954 and is headquartered in Medina, MN.

#27 - BRP

NASDAQ:DOOO
Stock Price: $74.48 (-$2.40)
Market Cap: $5.88 billion
P/E Ratio: 9.2
Dividend Yield: 0.69%
Consensus Rating: Buy (3 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $136.75 (83.6% Upside)

BRP, Inc. is a holding company, which engages in the design, development, manufacture, distribution, and marketing of power sports vehicles and marine products. The firm operates through the Powersports and Marine segments. The Powersports segment includes year-round products, seasonal products and powersports PA&A and OEM Engines. The Marine segment includes outboard and jet boat engines, boats, and related PA&A and other services. Its brands include Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, and Alumacraft. The company was founded on May 1, 2003 and is headquartered in Valcourt, Canada.

#28 - IAA

NYSE:IAA
Stock Price: $39.89 (-$0.04)
Market Cap: $5.34 billion
P/E Ratio: 18.2
Consensus Rating: Hold (1 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $45.33 (13.6% Upside)

IAA, Inc. engages in the provision of auction solutions for total loss, damaged and low-value vehicles. Its solutions focus on a diverse set of global customers, providing buyers with rebuild requirements, replacement part inventory and scrap demand. It operates through the following segments: United States and International. The company was founded in 1982 and is headquartered in Westchester, IL.

#29 - Oshkosh

NYSE:OSK
Stock Price: $74.07 (-$1.73)
Market Cap: $4.84 billion
P/E Ratio: 19.5
Dividend Yield: 2.16%
Consensus Rating: Buy (7 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $97.21 (31.2% Upside)

Oshkosh Corp. engages in the design, manufacture, and marketing of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & Emergency, and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights. The Defense segment produces tactical wheeled vehicles and supplies parts and services for the United States military and other militaries around the world. The Fire and Emergency segment sells commercial and custom fire vehicles, simulators, and emergency vehicles primarily for fire departments, airports and other governmental units, and broadcast vehicles for broadcasters and television stations. The Commercial segment includes McNeilus, CON-E-CO, London, Iowa Mold Tooling Co., Inc (IMT), and Oshkosh Commercial. The company was founded in 1917 and is headquartered in Oshkosh, WI.

#30 - Harley-Davidson

NYSE:HOG
Stock Price: $32.49 (-$0.99)
Market Cap: $4.67 billion
P/E Ratio: 5.8
Dividend Yield: 1.97%
Consensus Rating: Hold (3 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $45.50 (40.0% Upside)

Harley-Davidson, Inc. is engaged in the manufacture and sale of custom, cruiser, and touring motorcycles. It operates through the following segments: Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment manufactures, designs, and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The Financial Services segment consists of financing and servicing wholesale inventory receivables and retail consumer loans, primarily for the purchase of Harley-Davidson motorcycles. The company was founded by William Sylvester Harley, Arthur Davidson, Walter C. Davidson, Sr. and William A. Davidson in 1903 and is headquartered in Milwaukee, WI.

#31 - Allison Transmission

NYSE:ALSN
Stock Price: $49.34 (+$0.08)
Market Cap: $4.49 billion
P/E Ratio: 8.1
Dividend Yield: 1.87%
Consensus Rating: Hold (0 Buy Ratings, 3 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $44.57 (-9.7% Upside)

Allison Transmission Holdings, Inc. engages in the design and manufacture of vehicle propulsion solutions for commercial and defense vehicles. The company also manufactures medium and heavy duty fully automatic transmissions and electrified propulsion systems. Its products are used in a variety of applications, including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment, and defense vehicles. The firm also sells branded replacement parts, support equipment, aluminum die cast components, and other products necessary to service the installed base of vehicles utilizing its solutions. The company was founded in 1915 and is headquartered in Indianapolis, IN.

#32 - Navistar International

NYSE:NAV
Stock Price: $0.00
Market Cap: $4.44 billion
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services. It manufactures and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, and student and commercial transportation markets under the International and IC brands; and designs, engineers, and produces sheet metal components, including truck cabs and engines. The company also provides customers with proprietary products needed to support the International commercial truck, IC bus, and engine lines, as well as other product lines; and a selection of other standard truck, trailer, and engine aftermarket parts. In addition, it manufactures and distributes mid-range diesel engines, as well as provides customers with additional engine offerings in the agriculture, marine, genset, and light truck markets; sells engines to original equipment manufacturers (OEM) for various on-and-off-road applications; and offers contract manufacturing services under the MWM brand to OEMs for the assembly of their engines. Further, the company provides retail, wholesale, and lease financing of products of its trucks and parts, as well as financing for wholesale and retail accounts receivable. Additionally, it exports trucks, buses, and engines. The company markets its commercial products through an independent dealer network, as well as through retail outlets; and its reconditioned used trucks to owner-operators and fleet buyers through its network of used truck dealers. It operates approximately 1,052 outlets in the United States and Canada, and 89 outlets in Mexico. Navistar International Corporation was founded in 1902 and is headquartered in Lisle, Illinois.

#33 - Driven Brands

NASDAQ:DRVN
Stock Price: $26.38 (-$0.71)
Market Cap: $4.42 billion
P/E Ratio: 119.9
Consensus Rating: Buy (7 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $37.56 (42.4% Upside)

Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. The company offers various services, such as paint, collision, glass, vehicle repair, car wash, oil change, and maintenance services. It also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as provides training services to repair and maintenance, and paint and collision shops. The company sells its products and services under the Take 5 Oil Change, IMO, CARSTAR, ABRA, Fix Auto, Maaco, Meineke, Uniban, 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply, and Automotive Training Institute names. As of December 25, 2021, it operated 4,412 company-operated, franchised, and independently-operated stores. Driven Brands Holdings Inc. was founded in 1972 and is headquartered in Charlotte, North Carolina.

#34 - Veoneer

NYSE:VNE
Stock Price: $36.95
Market Cap: $4.14 billion
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Veoneer, Inc. engages in the design, development, manufacture, and sale of automotive safety electronics primarily in North America, Europe, and Asia. It offers mono-and stereo-vision cameras, night driving assist systems, advanced driver assist systems (ADAS), electronic control units, seat belt pre-tensioner electronic controllers, and ADAS software for highly automated driving (HAD) and autonomous driving (AD). The company also provides driver monitoring systems, LiDAR sensors, RoadScape positioning, and other technologies for ADAS, HAD, and AD solutions. Veoneer, Inc. was incorporated in 2017 and is headquartered in Stockholm, Sweden.

#35 - Fox Factory

NASDAQ:FOXF
Stock Price: $95.21 (-$1.65)
Market Cap: $4.03 billion
P/E Ratio: 20.3
Consensus Rating: Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $127.80 (34.2% Upside)

Fox Factory Holding Corp. engages in designing, engineering, manufacturing and marketing performance ride dynamics products. The firm offers bicycles, side-by-sides and on-road vehicles with off-road capabilities, off-road vehicles and trucks, all - terrain vehicles, snowmobiles, specialty vehicles and applications and motorcycles. It operates through the following geographical segments: North America, Asia, Europe and Rest of the World. The company was founded on December 28, 2007 and is headquartered in Duluth, GA.

#36 - Goodyear Tire & Rubber

NASDAQ:GT
Stock Price: $14.02 (-$0.23)
Market Cap: $3.97 billion
P/E Ratio: 701.4
Consensus Rating: Hold (0 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $13.00 (-7.3% Upside)

Goodyear Tire & Rubber Co. engages in the development, manufacture, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

#37 - Visteon

NASDAQ:VC
Stock Price: $138.42 (-$1.28)
Market Cap: $3.92 billion
P/E Ratio: 29.1
Consensus Rating: Hold (6 Buy Ratings, 3 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $158.58 (14.6% Upside)

Visteon Corp. is a global technology company, which engages in the design, engineering, and manufacture of electronics products, automotive vehicles, and supplies automotive parts. It operates through the Americas, Europe, China, and Other Asia Pacific geographical segments. The Americas segment includes the United States and Mexico. The Europe segment refers to Portugal, Slovakia, and Tunisia. The China segment relates to China domestic and export. The Other Asia Pacific segment is involved in Japan and India. The company was founded on January 5, 2000 and is headquartered in Van Buren Township, MI.

#38 - Adient

NYSE:ADNT
Stock Price: $35.44 (-$0.56)
Market Cap: $3.36 billion
P/E Ratio: 295.3
Consensus Rating: Hold (4 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $46.43 (31.0% Upside)

Adient plc manufactures automotive seating systems. It operates through the following geographical segments: Americas, EMEA, and Asia. The company was founded in 1985 and is headquartered in Plymouth, MI.

#39 - Cooper Tire & Rubber

NYSE:CTB
Stock Price: $60.17
Market Cap: $3.04 billion
P/E Ratio: 17.3
Dividend Yield: 0.70%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Cooper Tire & Rubber Company, together with its subsidiaries, designs, manufactures, markets, and sells replacement tires in North America, Latin America, Europe, and Asia. The company operates through Americas Tire Operations and International Tire Operations segments. It offers passenger car, light truck, truck and bus radial (TBR), motorcycle, and racing tires, as well as tire retread materials; and markets and distributes racing, TBR, and motorcycle tires. The company sells its products to independent tire dealers, wholesale distributors, regional and national retail tire chains, large retail chains, and other tire and automotive product retail chains, mass merchandisers, and digital channels as well as original equipment manufacturers; and directly to end users through three owned retail stores. Cooper Tire & Rubber Company was founded in 1914 and is headquartered in Findlay, Ohio.

#40 - LCI Industries

NYSE:LCII
Stock Price: $110.75 (-$3.78)
Market Cap: $2.80 billion
P/E Ratio: 13.7
Dividend Yield: 3.67%
Consensus Rating: Buy (4 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $118.14 (6.7% Upside)

LCI Industries engages in the manufacture, supply, and distribution of components for the original equipment manufacturers (OEM) of recreational vehicles and manufactured homes. It operates through the OEM and Aftermarket segments. The OEM segment offers components for buses, trailers used to haul boats, livestock, equipment and other cargo, trucks, pontoon boats, trains, manufactured homes, and modular housing. The Aftermarket segment includes training, product delivery, marketing, and technical support to customers, and the sale of replacement glass and awnings to fulfill insurance claims. The company was founded on March 20, 1984 and is headquartered in Elkhart, IN.

#41 - ChargePoint

NYSE:CHPT
Stock Price: $7.93 (-$0.25)
Market Cap: $2.78 billion
Consensus Rating: Buy (8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $17.68 (122.9% Upside)

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California.

#42 - Dorman Products

NASDAQ:DORM
Stock Price: $86.30 (-$0.24)
Market Cap: $2.72 billion
P/E Ratio: 29.6
Consensus Rating: Buy (3 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $111.67 (29.4% Upside)

Dorman Products, Inc. engages in the supply of automotive replacement and upgrade parts for the motor vehicle aftermarket industry. Its products include automotive body, steering and suspension, undercar, underhood, hardware and accessories, and heavy-duty components. The company was founded by Steven L. Berman and Richard N. Berman on October 16, 1978 and is headquartered in Colmar, PA.

#43 - QuantumScape

NYSE:QS
Stock Price: $6.04 (-$0.15)
Market Cap: $2.68 billion
Consensus Rating: Sell (0 Buy Ratings, 1 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $6.25 (3.5% Upside)

QuantumScape Corporation, a development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

#44 - Meritor

NYSE:MTOR
Stock Price: $36.50
Market Cap: $2.59 billion
P/E Ratio: 10.4
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific. It operates through two segments, Commercial Truck, and Aftermarket and Industrial. The company offers axles, including front steer and rear drive axles for medium- and heavy-duty commercial vehicles; heavy-duty trailer axles; suspension modules and brake products comprising drum and disc brakes; universal joints and driveline components; trailer air suspension systems and products; transfer cases and drivelines; and advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles. It also provides air brakes, such as cam drum, wedge drum, and air disc brakes, as well as wheel-end components, including hubs, drums, and rotors to medium- and heavy-duty commercial vehicle manufacturers; and electric drive systems comprising electric motors and inverters, power electronics, battery pack, electrified accessories, and related software and controls for terminal tractors and medium and heavy-duty trucks and buses. In addition, the company sells other complementary products, including third-party and private label items, which include brake shoes and friction materials; automatic slack adjusters; yokes and shafts; wheel-end hubs and drums; ABS and stability control systems; shock absorbers and air springs; and air brakes. Meritor, Inc. sells its products under the Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach brands primarily to original equipment manufacturers, their parts marketing operations, and their dealers, as well as other independent distributors and service garages in the aftermarket industry. The company was formerly known as ArvinMeritor, Inc. and changed its name to Meritor, Inc. in March 2011. Meritor, Inc. was founded in 1909 and is headquartered in Troy, Michigan.

#45 - Luminar Technologies

NASDAQ:LAZR
Stock Price: $6.27 (-$0.20)
Market Cap: $2.37 billion
Consensus Rating: Buy (5 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $12.42 (98.1% Upside)

Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Components. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The Component segment develops ultra-sensitive pixel-based sensors. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida.

#46 - CarGurus

NASDAQ:CARG
Stock Price: $19.02 (-$0.34)
Market Cap: $2.16 billion
P/E Ratio: 54.3
Consensus Rating: Buy (7 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $21.27 (11.8% Upside)

Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. It operates through the following segments: U.S. Marketplace, Digital Wholesale, and Other. The U.S. Marketplace segment offers marketplace services from customers. The Digital Wholesale segment consists of dealer-to-dealer and IMCO services and products which are sold on the CarOffer platform. The company was founded by Langley Steinert on November 10, 2005 and is headquartered in Cambridge, MA.

#47 - Fisker

NYSE:FSR
Stock Price: $6.17 (-$0.08)
Market Cap: $2.04 billion
Consensus Rating: Hold (2 Buy Ratings, 6 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $12.20 (97.7% Upside)

Fisker, Inc. engages in building a technology-enabled automotive business model, which involves vehicle development, customer experience, and sales and service. It also designs, develops, and manufactures eco-friendly electric vehicles. The company was founded by Henrik Fisker and Geeta Gupta-Fisker in 2016 is headquartered in Manhattan Beach, CA.

#48 - XPEL

NASDAQ:XPEL
Stock Price: $73.35 (-$0.76)
Market Cap: $2.03 billion
P/E Ratio: 45.3
Consensus Rating: Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $94.67 (29.1% Upside)

XPEL, Inc. engages in the manufacture and distribution of automotive products. It offers paint protection, aumototive, and flat glass window films, and plotters. The company was founded on October 14, 2003 and is headquartered in San Antonio, TX.

#49 - Dana

NYSE:DAN
Stock Price: $13.49 (-$0.20)
Market Cap: $1.95 billion
Dividend Yield: 2.92%
Consensus Rating: Hold (0 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $15.75 (16.8% Upside)

Dana, Inc. engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It operates through the following segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. The Light Vehicle segment includes drivetrain systems and components for passenger cars, crossovers, sport utility vehicles, vans, and light trucks. The Commercial Vehicle segment consists of drivetrain and tire-pressure management systems, as well as genuine service parts for medium and heavy-duty commercial vehicles. The Off-Highway segment offers drivetrain systems and individual product solutions under the Spicer brand, and motion systems for associated machine working functions and stationary industrial equipment under the Brevini brand. The Power Technologies segment consists of sealing solutions and thermal management technologies for reducing fuel consumption and emissions. The company was founded by Clarence W. Spicer on April 1, 1904 and is headquartered in Maumee, OH.

#50 - Gentherm

NASDAQ:THRM
Stock Price: $58.11 (-$0.12)
Market Cap: $1.93 billion
P/E Ratio: 95.3
Consensus Rating: Hold (2 Buy Ratings, 0 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $74.33 (27.9% Upside)

Gentherm, Inc. engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Medical. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products. The Medical segment includes global power technologies business, and research and development division. The company was founded by Lon E. Bell in 1991 and is headquartered in Northville, MI.

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The automotive industry includes a variety of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations. The global automotive stocks market is estimated to be worth $2.2 trillion as of 2022.

The United States is the largest market for automotive stocks, followed by China and Japan. The automotive industry is a vital part of the global economy, and it is expected to continue to grow in the coming years. Automotive stocks offer investors a way to participate in this growth.

There are a number of different types of automotive stocks, including:

Auto Manufacturers: The largest and most well-known companies in the automotive industry are auto manufacturers. These companies design, develop, and manufacture vehicles.

Auto Parts suppliers: Auto parts suppliers are companies that provide components and systems to auto manufacturers. These companies are an important part of the automotive supply chain.

Auto Dealers: Auto dealers are the companies that sell vehicles to the end-user. Auto dealerships are typically franchised.

Auto Insurance: Auto insurance companies provide insurance coverage for vehicles. Auto insurance is required in most jurisdictions in order to operate a vehicle on public roads.

Auto Financing: Auto financing companies provide financing for vehicle purchases. Auto financing is available from a variety of sources, including banks, credit unions, and specialty auto finance companies. The automotive industry is a large and complex industry. Automotive stocks offer investors a way to participate in the growth of this industry.

Best automotive stocks

The global automotive industry is expected to continue to grow in the years to come. This growth is being driven by strong economic growth in Asia, particularly in China and India.

The following are some of the most popular automotive stocks:

Ford Motor Company (NYSE: F) The Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. As of 2022, Ford is the second-largest U.S.-based automaker (behind General Motors) and the fifth-largest in the world based on worldwide vehicle sales.

General Motors Company (NYSE: GM) General Motors is another large and diversified automaker that is expected to benefit from the continued strong growth in the global automotive industry. In addition, the company is expected to benefit from the continued recovery in the US economy.

Fiat Chrysler Automobiles NV (NYSE: FCAU) Fiat Chrysler Automobiles (FCA) is an Italian-American multinational corporation and is the world’s eighth largest automaker. The group was established in October 2014 by merging Fiat and Chrysler into a new holding company. The company’s mass-market brands include Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Lancia, Maserati, and RAM.

Honda Motor Co., Ltd. (NYSE: HMC) Honda is a leading automaker in Asia. Honda is a Japanese multinational corporation that manufactures automobiles, motorcycles, and power equipment. Honda became the world's largest motorcycle manufacturer in 1959, as well as the world's largest manufacturer of internal combustion engines, producing more than 14 million engines each year. Honda is also the second-largest automobile manufacturer in Japan.

Toyota Motor Corporation (NYSE: TM) Toyota is the largest automaker in the world. Toyota is a Japanese car manufacturer that is headquartered in Toyota City, Aichi. The company was founded in 1937 by Kiichiro Toyoda. Toyota produces a wide range of vehicles, from small cars to large trucks. In recent years, Toyota has also been a leader in developing and marketing hybrid and electric vehicles.

Why automotive stocks go down

When it comes to investing in the automotive industry, it's important to keep in mind that the sector is highly cyclical. Automotive stocks tend to go through periods of ups and downs, and investors need to be prepared for this volatility.

There are a number of reasons why automotive stocks may go down. One of the most common reasons is a slowdown in vehicle sales. When demand for new vehicles slows down, it can lead to a decline in stock prices for automotive companies. Another reason why automotive stocks may go down is due to increasing competition. If there are new entrants into the market or existing companies are able to increase their market share, it can put pressure on profits and stock prices for other companies in the sector. Finally, another reason why automotive stocks may go down is due to regulatory changes. For example, if the government imposes new emissions standards, it could lead to increased costs for automotive companies.

Why automotive stocks are so cheap

One of the biggest challenges facing the automotive industry is slowing global growth. Economic growth in China, the world’s largest auto market, has been slowing in recent years and is expected to continue to do so in the near future. This is bad news for automakers, as China has been a key market for them.

Another challenge facing the automotive industry is trade tensions. The ongoing trade war between the United States and China has led to higher tariffs on imported cars and parts, making them more expensive. This has led to a slowdown in sales of new cars and trucks in both countries.

Finally, the automotive industry is facing disruptions from new technologies. Electric vehicles are becoming more popular, and self-driving cars are being developed by a number of companies. These new technologies could upend the traditional automotive business model, and lead to fewer sales of new cars and trucks in the future.

All of these challenges are weighing on the automotive industry, and have led to a sharp decline in stock prices for automakers. Despite all of these challenges, there are still reasons to be bullish on the automotive industry. Global growth is expected to pick up, and this should lead to increased demand for new cars and trucks. Finally, the long-term outlook for the automotive industry remains positive. The world is continuing to urbanize, and this will lead to increased demand. In addition, the population is expected to continue to grow, which will also lead to increased demand for new vehicles. Overall, the challenges facing the automotive industry are significant, but there are also reasons to be bullish on the sector.

Automotive semiconductor chip stocks

As the world’s largest automotive market, the United States is home to a number of publicly traded companies that manufacture chips and other semiconductor products for cars and trucks.

Here’s a look at some of the most popular automotive semiconductor stocks:

Texas Instruments Inc. (NASDAQ: TXN) Texas Instruments is a global semiconductor company that designs, manufactures, and sells a wide variety of chips and other electronic components.

STMicroelectronics NV (NYSE: STM) STMicroelectronics is a Swiss-based semiconductor company that offers a broad range of products for use in a variety of applications, including automotive.

Infineon Technologies AG (ETR: IFXA) Infineon is a German-based semiconductor company that offers a wide range of products for use in the automotive, industrial, and consumer markets.

Automotive software stocks

If you're looking for stocks in the automotive software industry, here are a few to consider.

CDK Global, Inc. (NASDAQ: CDK) is a leading provider of integrated information technology and digital marketing solutions to the automotive retail industry. CDK's solutions are designed to help dealerships improve their operational efficiency, drive sales and provide a better experience for their customers.

Aptiv PLC (NYSE: APTV) provides software and services for the automotive industry. The company's products are used in a variety of applications, including infotainment, driver assistance, and autonomous driving.

Qorvo Inc (NASDAQ: QRVO) supplies the automotive industry with radio frequency (RF) components and systems for the automotive industry. The company's products are used in a variety of applications, including GPS, satellite radio, and cellular connectivity.

These are just a few of the many companies that provide software and services to the automotive industry. When considering an investment in any company, it's important to do your own research and consult with a financial advisor to get the most accurate picture of a company's financial health and future prospects.

Automotive repair stocks

The automotive repair industry is a $60 billion industry in the United States alone. That's a lot of money spent on repairing cars, trucks, and other vehicles each year.

There are a number of publicly traded companies that are involved in the automotive repair industry. Many of these companies are also involved in the manufacture and sale of automotive parts and accessories. Others are involved in the operation of automotive repair shops. If you're looking to invest in the automotive repair industry, there are a number of stocks to consider.

Here are a few of the leading companies in the industry:

Advance Auto Parts (NYSE: AAP) Advance Auto Parts is a leading retailer of automotive parts and accessories. The company operates more than 5,000 stores across the United States.

AutoZone (NYSE: AZO) AutoZone is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. AutoZone stocks a wide range of parts for cars, trucks, and SUVs, from brake pads and rotors to batteries and engine parts. The company also offers a variety of services, including oil changes, engine diagnostics, and tire installation.

O'Reilly Automotive (NASDAQ: ORLY) O'Reilly Automotive, Inc. is an American retailer of automotive parts and accessories, founded by the O'Reilly family in 1957. It is headquartered in Springfield, Missouri. The company operates more than 5,000 stores in 47 states.

Genuine Parts (NYSE: GPC) Genuine Parts Company is an American automotive and industrial parts manufacturer and distributor. The company is headquartered in Atlanta, Georgia, and has over 60,000 employees worldwide. Genuine Parts Company is a Fortune 500 company.

Automotive ETFs

It's no secret that the stock market can be a volatile place. And when it comes to investing in automotive stocks, that volatility can be even greater. That's why many investors choose to invest in automotive-related exchange-traded funds (ETFs).

ETFs offer the potential for diversification and professional management, which can help mitigate some of the risks associated with investing in individual stocks.

Here’s are two of the most popular automotive ETFs.

The S-Network Future Vehicles & Technology ETF (NASDAQ: CARZ) is an ETF that tracks a global index of companies involved in the automotive industry. The fund includes companies involved in the manufacture, distribution, and sale of vehicles and parts. It has a particular focus on tracking companies that make electric vehicles.

The Simplify Volt RoboCar Disruption and Tech ETF (NYSEARCA: VCAR) specializes in tracking companies that innovate self-driving cars and other new technologies. This index has considerably smaller total assets than CARZ but it offers investors a more niche and specialized focus.

Each of these ETFs offers exposure to a different segment of the automotive industry. So, depending on your investment objectives, you can choose the ETF that best suits your needs.

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