Tag: AutoNation Inc
Why investors have jumped off the Carvana bandwagon
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCDETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap.He touted the company's " [...]
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California.Mario Tama | Getty ImagesDETROIT – Shares of [...]
Meta Platforms, Teladoc, Credit Suisse
Check out the companies making headlines in midday trading Thursday.Meta Platforms — The Facebook parent slumped 22.4% after issuing weak guidance for [...]
CarMax’s earnings miss is a win for the Fed against inflation
CNBC's Jim Cramer on Thursday told investors that used car retailer CarMax's recent earnings shortfall is good news for the Federal Reserve's quest to [...]
How Carvana went from a Wall Street top pick to meme stock trading
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCCarvana CEO Ernie Garcia III regularly tells Wall Street that "the march continues" in the company's missio [...]
Jim Cramer says falling used car prices suggests inflation could be easing
CNBC's Jim Cramer on Thursday said that while headwinds facing the used car market make it un-investable, its declining performance is also an indicat [...]
Ford to address dealer concerns about separating its EV and legacy businesses
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021.Rebecca Cook | ReutersFord Motor dealer Marc [...]
How some small businesses have survived the Covid pandemic without them
The storefront of Mark Shriner's small business, The Coffee House, in downtown Lincoln, Nebraska.Courtesy: Mark ShrinerMark Shriner needed help. It wa [...]
AutoNation shares hit new all-time high after reporting record quarterly earnings
AutoNation's stock reached a new all-time record of more than $130 a share Thursday after the nation's largest seller of new cars reported its sixt [...]
AutoNation, Cal-Maine Meals, Tractor Provide and extra
Try the businesses making headlines earlier than the bell:AutoNation (AN) – The auto retailer reported quarterly earnings of $4.83 per share, effec [...]
Covid-19 crippled U.S. auto gross sales in 2020 but it surely might have been worse
A automotive vendor reveals a car to prospects at a dealership in Jersey Metropolis, New Jersey.Angus Mordant | Bloomberg | Getty PhotosGross sales [...]
Covid-related stock crunch has been ‘neatest thing’
The auto business has skilled the coronavirus pandemic in two distinct chapters. Early on, it devastated gross sales and shuttered factories. Then, [...]
AutoNation CEO Mike Jackson on earnings and Covid boosting automobile gross sales
AutoNation CEO Mike Jackson instructed CNBC the coronavirus pandemic has considerably shifted American attitudes towards private autos, resulting i [...]
Used automotive growth is certainly one of hottest coronavirus markets for customers
Used automotive gross sales are hovering all around the U.S., and corporations from Autonation to CarMax, Carvana and Buffalo, New York-based used [...]
Jim Cramer reveals his prime shares in 7 under-the-radar bull markets
CNBC's Jim Cramer on Thursday highlighted a number of components of the market the place he sees inventory costs rising and may proceed to rise, wh [...]