Although the current economic outlook looks uncertain, the automotive industry has much to be optimistic about with April’s auto sales performance. With an uptick in year-over-year vehicle sales and major automakers seeing growth, the industry’s overall outlook seems bright.
Therefore, it could be wise for investors to keep an eye on quality auto stocks Mercedes-Benz Group AG (MBGAF), Bayerische Motoren Werke Aktiengesellschaft (BMWYY), and Honda Motor Co., Ltd. (HMC) this week.
