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home / news releases / DRIV - U.S. Auto Sales Get A Jump-Start In 2022. Will The Momentum Continue?

DRIV - U.S. Auto Sales Get A Jump-Start In 2022. Will The Momentum Continue?

Global X Autonomous & Electric Vehicles ETF
  • U.S. vehicle sales rose by an impressive 20.3% m/m, rising to 15.0 million units in January.
  • Anecdotal evidence suggests that Omicron has so far had a less dire impact on chip supply chains compared to Delta.
  • Thomas Feltmate: Provided we can weather the Omicron storm, production could potentially normalize to pre-pandemic levels towards year-end.

For further details see:

U.S. Auto Sales Get A Jump-Start In 2022. Will The Momentum Continue?
Stock Information
Company Name: Global X Autonomous & Electric Vehicles ETF
Stock Symbol: DRIV
Market: NASDAQ
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