Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows

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BofA lists three top automaker picks

March 6, 2026 4:00 PM EST

Bank of America has reinstated coverage of the North American automotive and auto-tech sector, naming its top original equipment manufacturer (OEM) picks as the industry navigates shifting regulations and advancing autonomous vehicle technology.

BofA analysts said, The auto industry will outperform expectations this year as automakers adjust to a new regulatory environment that favors their higher margin accretive internal... More