U.S. stock markets closed June 30 to the worst first half of the year since 1970, with the S&P 500 falling 21 percent as rising inflation and high interest rates plagued the U.S. economy.
All the major segments of the U.S. auto industry suffered their share of Wall Street's distress.
From the ongoing semiconductor shortage to the war in Ukraine, the auto industry has faced numerous challenges over the past two years. With market volatility expected to continue through at least next year and economic experts predicting a recession in the first half of 2023, Automotive News spoke to industry experts to see where auto equity markets are headed for the second half of the year and beyond.
Automotive News compiled a sampling of equities in each automotive category.