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Exclusive: AutoTrader.com Talks Buying Trends, The Transparency Craving And Control Issues
Friday, May 15, 2015 - 1:24pm | 1249AutoTrader.com President Jared Rowe spoke with Benzinga about the organization's recent Car Buyer of the Future study. The discussion centered on Rowe's take on the study's results and how manufacturers and dealers have responded. Related Link: What RBC Analysts Are Watching In The Auto...
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5 Auto Stories Analysts Are Watching In 2015
Tuesday, January 6, 2015 - 10:00am | 907Automakers saw another great year for new-car sales in 2014. Full-year sales are expected to come in around 16.5 million vehicles, taking the market back up to pre-recession levels. But now it’s time to look forward to the coming year for the auto sector. On a conference call Monday...
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AutoTrader.com Senior Analyst Michelle Krebs On General Motors November Sales: 'Strong Across The Board'
Tuesday, December 2, 2014 - 3:24pm | 111Speaking on a conference call Tuesday morning, AutoTrader.com Senior Analyst Michelle Krebs said that General Motors Company (NYSE: GM) sales for the month of November look “strong across the board.” She explained that low gas prices had a large impact when looking at sales of...
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AutoTrader.com Senior Analyst Michelle Krebs Says December Will Be A 'Huge' Month For Luxury Cars
Tuesday, December 2, 2014 - 3:04pm | 59Autotrader.com Senior Analyst Michelle Krebs said on a conference call Tuesday morning that automotive shopping patterns for the third quarter show the luxury car market is “booming.” She explained that December is a “huge” luxury car month, especially if third-quarter...
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AutoTrader.com Senior Analyst Michelle Krebs Says November Sales Of Small Cars 'Clearly Were Hurt By Lower Gas Prices'
Tuesday, December 2, 2014 - 1:27pm | 61Michelle Krebs, senior analyst for AutoTrader.com, said on a conference call Tuesday morning that November sales of small cars like the Ford Motor Company (NYSE: F) Fiesta, Focus and C-MAX hybrid were not great. “They clearly were hurt by lower gas prices,” she said.
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4 Auto Stories You Might Have Missed This Week
Friday, November 7, 2014 - 4:07pm | 837As the week comes to end, Benzinga takes a look back at some of the top trending auto news stories. Hyundai And KIA Settle With U.S. Regulators South Korean-based Hyundai and Kia were fined $100 million by U.S. regulators for violating the Clean Air Act. The automakers were accused of over-...
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Morgan Stanley Predicts Death Of Auto Industry; Analysts Respond
Friday, October 24, 2014 - 1:57pm | 1129Earlier this month, Morgan Stanley (NYSE: MS) released an analysts' note titled "Death of an Auto Analyst" that outlines what it calls an enormous shift in covering the auto industry. The analysts state that they can no longer simply review "monthly sales, pension accounting...
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Market Overreacted To Ford Motor Company's Decreased Profit Outlook, Analysts Say
Friday, October 3, 2014 - 5:03pm | 650Earlier this week, Ford Motor Company (NYSE: F) CEO Mark Fields informed investors that the automaker is decreasing its profit outlook for the rest of the year by approximately $1.5 billion less than it was slated for in July, The Wall Street Journal reported. After the announcement, Ford...
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Consumers Are Less Confident In Automotive Industry, But Is That Affecting Sales?
Monday, April 14, 2014 - 11:34am | 433Consumer confidence in the automotive industry has slipped in the midst of a slew of recalls already in 2014, according to a poll on AutoTrader.com. Toyota's (NYSE: TM) announcement from last week week brings the total number of recalled vehicles in the U.S. this year to 13 million. If the trend...