How proactive investors can look beyond the well-known names to identify businesses that have benefited from the rebound but have capacity for more growth.
Many businesses in the local car industry industry have emerged from the dark days of 2020 in better shape thanks to continued innovation, government support, good corporate hygiene and shifts in consumer behaviours.
When on February 17, 2020 General Motors announced that it was ending the iconic Holden brand, Australia’s auto manufacturing sector had already been taken off life support as subsidies for car makers were pulled. The big concern for many was the suppliers and beneficiaries of a sector once worth hundreds of billions of dollars.
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Elio D'Amato is from the Australian & NZ team at data research firm Stockopedia.
