Make your money go further for just 25p per day

Survivors of the automotive slump: Tesla and who else?

07/08/2020 · AB Dynamics (ABDP)  · Alphabet (GOOGL)  · Tesla (TSLA) 

AIM Climate Change ESG Investment Ideas Mega trends

Tesla charging

At first glance the car industry currently appears to offer few attractions for investors. Demand is falling and big names are flailing. However, on closer inspection some companies are well placed to succeed as the world increasingly moves to electric vehicles.


The UK’s current struggles

The UK market paints a bleak picture having been hit by a double whammy:

Brexit saw automotive investment fall by £257m in 2019. Now in 2020 coronavirus has had a dramatic impact, leading to the lowest production rates since World War Two. More than 6,000 jobs in the sector were cut in June, and in the same month manufacturing was down 63% and exports down 45%.

Overseas looks no better

Japan’s second largest car…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on AB Dynamics

AIM takeovers | Automotive excellence and struggles

01/10/2024 · Company Insights

One of AIM’s largest companies seems inclined to accept a private equity funded offer, with an…


Episode 35 of the Investor’s Champion Podcast

28/09/2024 · Podcasts

In this episode of the Investors Champion Podcast, hosts Chris and Lee focus on some outstanding…


More on Alphabet

Knocking the lights out | China slowdown | Tech beats

31/10/2024 · Portfolio

While the Budget has been uppermost in the minds of many UK investors, particularly those with…


Episode 30 of the Investor’s Champion Podcast

11/08/2024 · Podcasts

In this episode of the Investors Champion Podcast, hosts Chris and Lee kick off with a…


More on Tesla

Episode 23 of the Investor’s Champion Podcast

22/06/2024 · Podcasts

In this episode of the Investors Champion podcast, institutional investors' attraction to private equity and the…


Episode 22 of the Investor’s Champion Podcast

15/06/2024 · Podcasts

In this episode of the Investors Champion podcast, hosts Chris and Lee delve into several key…


More Company Insights

Budget Eve brings strange share price reactions

29/10/2024 · RWS Holdings · YouGov

Bonkers Bargains: poised to recover with a new CEO

29/10/2024 · James Cropper

Another AIM offer | Results underwhelm | Tough to value

Sign-up to our free email updates

SIGN UP