Tag: Group 1 Automotive Inc
Buoyed by Trump, U.S. dealers optimistic on everything except EV sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May [...]
Friday's big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Dow retreated from their records on Thursday, as an inflation report weighed on stocks. Here's what CNBC is watching going int [...]
GM Q2 2024 auto sales: Best since 2020
Vehicles are offered for sale at a GM dealership on June 20, 2024 in Lincolnwood, Illinois. Scott Olson | Getty ImagesDETROIT – General Motors reporte [...]
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 [...]
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 [...]
Soaring used vehicle prices haven’t cooled demand
Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl H [...]
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, [...]
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 [...]
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