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Will Weakness In U.S. Auto Sales Be A Headwind For Sirius XM?
Friday, September 2, 2016 - 9:25am | 356According to the numbers released by Autodata on September 1, light vehicle units declined 4.2 percent in August, while the 2016 SAAR tracked at 16.98 million, as compared to 17.88 million in July. Wunderlich’s Matthew Harrigan maintains a Buy rating on Sirius XM Holdings Inc. (NASDAQ: SIRI...
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April Auto Sales Set Up Strong, AutoData Figures Confirm
Tuesday, May 3, 2016 - 4:53pm | 510U.S. auto sales didn't exactly start 2016 on the right foot. They seem to be recuperating as the year advances, however, as light-vehicle sales ride the wave of low gas prices, cheap credit and an ameliorating consumer sentiment. Analysts were expecting auto sales to rise 5 percent in April....
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Morgan Stanley Recaps September U.S. Auto Sales Data
Thursday, October 2, 2014 - 11:07am | 324Following major auto manufacturers releasing sales data for September, Ryosuke Hosino and Kota Mineshima of Morgan Stanley offered some commentary. September's U.S. auto sales SAAR (seasonally adjusted annual rate) came in at 16.43 million vehicles, a “major correction” from 17.53 million units in...
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August Auto Sales Beat Views With Promo Prices; Low Rates
Wednesday, September 3, 2014 - 5:12pm | 369The U.S. auto industry's August sales of 17.3 million vehicles was well ahead of the 16.6 million expected on Wall Street, according to the market research firm Autodata. Low interest rates and promotional pricing along with near zero-percent financing and a wave of new models drove improvements....
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November Auto Sales Highest Since Recession
Wednesday, December 4, 2013 - 12:31pm | 556November vehicle sales in the U.S. were the best in more than six years, according to The Wall Street Journal. An improving economic picture is clearly partly responsible. General Motors (NYSE: GM) Vice President Kurt McNeil told The Wall Street Journal, "We feel good about the direction of the...