The Zacks Domestic Auto industry is set for renewed momentum as affordable EVs and proposed tax incentives encourage buyers despite economic uncertainty and rising tariffs. More budget-friendly EVs are expected to expand adoption, while tariffs may limit foreign rivals, supporting domestic manufacturers. The Trump administration’s proposed tax deduction of up to $10,000 on interest for U.S.-assembled vehicles could further boost demand, with 2025 sales projected to reach 16.1-16.2 million units.Domestic aut ...