Market Overview Analysis by Investing.com (Chinmay Pandya) covering: Crude Oil WTI Futures, Natural Gas Futures, Gauzy Ltd. Read Investing.com (Chinmay Pandya)'s latest article on Investing.com
Background industry numbers indicate that consumer resilience should continue to shrug off fears of a broader economic slowdown in H2.
Among the various topics discussed during the interview, the 43-year-old CEO shared his visions on the outlook of the automotive and housing sectors going forward, particularly against a backdrop of falling interest rates and growing geopolitical tensions. So, that will naturally have an impact one way or the other, meaning a greater demand for components required to produce top-selling vehicles and less of a demand for those non-essential components. Based on our conversations with OEMs and received orders, we are seeing high take rates and preferences for smart glass and ADAS options in private and commercial vehicles.
There are other sacrifices they may make, but scaling back going places – be it locally, nationally, or internationally – doesn’t seem to be among them. In some cases, higher commodity prices might result in customers leveraging public transportation more than they traditionally have.
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