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Deutche Bank releases their top auto picks for 2024

December 6, 2023 2:55 PM EST

Deutsche Bank recently unveiled its top selections in the automotive sector for 2024, reflecting a mixed year with positive strides and persistent challenges. Despite the positive momentum in volume recovery and encouraging trends in EV adoption, the industry faced hurdles such as the enduring impact of a lengthy UAW strike and fluctuating EV adoption rates due to pricing uncertainties and tax credit fluctuations.

The analysts at Deutsche Bank are cautious about the upcoming year, citing uncertainties in the economic outlook for both Europe and the US. They anticipate a scenario where global automotive volumes either plateau or decline, offering... More