
The auto industry is fueled by rising demand for personal and commercial vehicles, the rise of new technologies like electric and self-driving cars, and the growing awareness of safety and environmental issues among consumers. Given the industry’s steady growth prospects, investors could consider quality stocks Isuzu Motors Limited (ISUZY), AB Volvo (publ) (VLVLY), and Subaru Corporation (FUJHY) that are bursting with opportunities.
The global automotive market is expected to grow to $28.70 billion by 2030, at a CAGR of 4.5%.