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While many auto stocks suffered, leading auto manufacturers still outperformed the broader markets and delivered record-high sales growth throughout this year, owing to their strong inventory, global brand recognition, and the substantial availability of auto components.
Tesla, Inc. (TSLA), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), Lucid Group, Inc. (LCID), and Tata Motors Limited (TTM) are the only auto manufacturers that have outperformed the S&P 500 index so far this year.
