Europe’s Auto Sector Is Cheap. Get Ready for a Rebound in 2022. – Barron’s

December 15, 2021 by No Comments

The global semiconductor shortage has made this year a tough one for the European auto industry but it also makes the sector a potential buying opportunity heading into 2022.

Chip supply issues have forced production cuts at the world’s largest car makers, with many seeing problems continuing into 2022. European car sales hit a record low in October, according to the European Automobile Manufacturers’ Association.

It’s…

Source: https://www.barrons.com/articles/europes-auto-sector-is-cheap-get-ready-for-a-rebound-in-2022-51639560601

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