Tag: Lithia Motors Inc
Detroit automaker shares fall after Trump’s tariff announcement
The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United [...]
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 [...]
GM EVs at Costco Auto help drive electric vehicle sales
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so- [...]
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 [...]
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 [...]
Looking for a new vehicle? Don’t expect any year-end or holiday deals
Dealer inventory levels across the country remain extremely low due to a semiconductor chip shortage that has led to sporadic plant shutdowns and d [...]
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 [...]
5 ‘Covid-proof bull markets’ to search out inventory alternatives
Do not panic.That is the message CNBC's Jim Cramer had for traders after the inventory market suffered a serious drop off for the second time this [...]
Lithia Motors plans to broaden footprint because it rolls out on-line technique
Whereas Lithia Motors is concentrated on constructing out its on-line dealership technique, the Oregon-based automotive retailer continues to make [...]
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 [...]
10 bull markets on Wall Road and the shares main the best way
CNBC's Jim Cramer on Thursday mentioned a number of segments within the inventory market have crossed over from bear to bull market territory in cu [...]