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Stock impact report

2 Domestic Auto Stocks to Buy Amid EV Incentive Expiry, Industry Woes [Yahoo! Finance]

Xos, Inc. (XOS) 
Company Research Source: Yahoo! Finance
Electric vehicle (EV) sales are strong now as buyers rush to claim tax credits before they expire at the end of September—but demand could fall sharply once incentives vanish. Fed rate cuts offer some optimism, yet auto loan relief will likely be slow, keeping financing costly in the near term. Meanwhile, strong new-vehicle sales are colliding with tighter inventories and tariff pressures, pushing prices higher. As affordability weakens, the market risks losing momentum heading into the year's final quarter. Nonetheless, Blue Bird Corporation BLBD and Xos, Inc. XOS are two top-ranked industry participants that you can still bet on amid strong fundamentals. Industry Overview The Zacks Domestic Auto industry includes companies that are engaged in designing, manufacturing and retailing vehicles across the globe. These include passenger cars, crossover vehicles, sport utility vehicles, trucks, vans, motorcycles and electric vehicles. The industry — which is highly consumer cyclic an Show less Read more
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