The automotive industry refers to the sector of the economy that designs, manufacturers, markets, and sells motor vehicles. This industry encompasses a wide range of activities related to the production of cars, trucks, motorcycles, and other types of vehicles, as well as components like engines and transmissions. It includes companies involved in the assembly and production of vehicles, parts suppliers, dealerships, and service providers. The industry plays a significant role in the global economy, providing millions of jobs and contributing to technological advancements in transportation, sustainability, and safety. The automotive industry is also characterized by significant investment in research and development to innovate and improve vehicle performance, reduce environmental impact, and enhance consumer experience.
Recent Changes in Ford's Investment Landscape Sanctuary Advisors LLC has significantly adjusted its stake in Ford Motor Company, reducing its holdings by an impressive 28.8% during the third quarter, as…