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Group 1 Automotive, Penske Automotive: Management Meetings Reveal Industry Trends
Tuesday, June 24, 2025 - 6:18pm | 336Meetings with the top management of Group 1 Automotive Inc (NYSE:GPI) and Penske Automotive Group Inc (NYSE:PAG) highlighted industry trends in tariff responses by OEMs (original equipment manufacturers), new and used vehicle sales, as well as P&S (parts and service) trends, according to...
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AutoZone Posts Best Comp Sales In 2 Years, Margin Pressures Unlikely To Continue: Analysts Raise Price Target
Wednesday, May 28, 2025 - 1:27pm | 692AutoZone Inc (NYSE:AZO) shares rallied in early trading on Wednesday, after the company on Tuesday reported its fiscal third-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Raymond James On AutoZone Analyst Bobby Griffin reiterated a...
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Goodyear Tire & Rubber Gets JPMorgan Boost As Restructuring, Tariffs Align
Thursday, May 22, 2025 - 2:26pm | 441JPMorgan analyst Ryan Brinkman moved Goodyear Tire & Rubber (NASDAQ:GT) from no rating to Overweight and a price forecast of $17. The analyst says that the decision reflects improved execution, ongoing debt reduction, sharper operational focus and anticipated benefits from newly implemented...
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GM Announces The End Of Car Exports To China
Monday, May 19, 2025 - 6:23pm | 447General Motors Co (NYSE:GM) has announced the end of vehicle exports from the U.S. to China, a decision communicated to employees and dealers of its China export business. This move comes amid ongoing U.S.-China trade discussions, particularly concerning tariffs and broader economic conditions,...
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Carvana Stock Jumps: Q1 Surpasses Expectations, Says Analyst
Thursday, May 8, 2025 - 1:30pm | 437BofA Securities analyst Michael McGovern on Thursday reiterated a Buy rating on the shares of Carvana Co (NYSE:CVNA) and raised the price forecast from $290 to $295. Carvana delivered a strong beat-and-raise quarter, highlighted by 46% year-over-year growth in unit sales. The company posted revenue...
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Carvana Q1 Earnings: Revenue, EPS Beat Estimates As Vehicles Sales Jump 46%, Company Remains On Track For 'Significant Growth' In FY25
Wednesday, May 7, 2025 - 4:49pm | 462Carvana Co (NYSE:CVNA) reported first-quarter financial results Wednesday after the bell. Here’s a rundown of the used car retailer’s report. Q1 Earnings: Carvana reported first-quarter revenue of $4.23 billion, beating the consensus estimate of $3.98 billion. The company...
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Ford Stock Hits The Brakes After Q1 Earnings, Suspends Guidance Due To 'Tariff-Related Uncertainty'
Monday, May 5, 2025 - 4:40pm | 390Ford Motor Co (NYSE:F) released its first-quarter results after Monday's closing bell. Here's a look at the key figures from the report. The Details: Ford Motor reported quarterly earnings of 14 cents per share, which beat the analyst consensus estimate of two cents, but is down from earnings of ...
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GM Q1 Earnings On Tap: 2025 Could Be The Year 'Margins Surprise'
Monday, April 28, 2025 - 1:33pm | 526General Motors Co (NYSE:GM) is set to report its first-quarter earnings on Tuesday before the market opens. Wall Street expects earnings per share of $2.73 on revenues of $43.15 billion. The stock has gained 2.65% over the past year but remains down 8% year-to-date, as tariff headlines and macro...
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Gentex Q1 Impacted By Tariff Uncertainty, Suspends Mirror Production For Chinese Market
Friday, April 25, 2025 - 1:36pm | 454Gentex Corporation (NASDAQ:GNTX) shares are trading lower on Friday after the first-quarter results were reported. The company reported quarterly earnings per share of 42 cents, in line with the analyst consensus estimate. Revenues of $576.8 million (down 2% year over year) outpaced the street view...
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What's Going On With Sonic Automotive Stock Today?
Thursday, April 24, 2025 - 1:10pm | 414Sonic Automotive, Inc. (NYSE:SAH) reported first-quarter results on Thursday. The company reported quarterly adjusted earnings per share of $1.48, beating the analyst consensus estimate of $1.45. Quarterly sales of $3.65 billion (up 8% year-over-year) outpaced the street view of $3.51 billion....
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Auto Stocks See Brief Spike In After-Hours Trading Wednesday As Trump Plans To Ease Tariffs On Automakers
Wednesday, April 23, 2025 - 6:28pm | 468Shares of Ford Motor Co (NYSE:F), General Motors Co (NYSE:GM) and Stellantis N.V. (NYSE:STLA) spiked in Wednesday’s after-hours session before pulling back. Here’s a look at what’s going on. What Happened: According to a Financial Times report, President Donald Trump is expected...
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What's Going On With Ford Stock Wednesday?
Wednesday, April 23, 2025 - 4:13pm | 241Ford Motor (NYSE:F) shares traded higher Wednesday after President Donald Trump indicated tariffs against China may be lowered and trade tensions could de-escalate. What To Know: According to the Wall Street Journal, the Trump administration is considering lowering the tariff to between 50% and 65...
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Hertz Stock Accelerates Into The Close, Shares Continue To Move Higher After Hours: Here's Why
Wednesday, April 16, 2025 - 5:08pm | 452Hertz Global Holdings Inc (NASDAQ:HTZ) shares picked up momentum heading into Wednesday’s close and have continued to move higher in after-hours trading. Here’s a look at what’s going on. What To Know: Hertz shares surged Wednesday morning after Bill Ackman's Pershing Square...
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Toyota's GR86 Yuzu Edition Brings Sleek Design, Performance Upgrades; Only 860 Units Available In North America
Friday, April 4, 2025 - 8:57am | 603Toyota Motor Corp’s (NYSE:TM) sports car lineup for 2026 includes the GR86 Yuzu Edition, which has a richer exterior color than its predecessor, the Scion FR-S Release Series 1.0, the company announced Thursday. Based on the GR86 Premium grade, the special edition will feature 18-inch matte-...
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What's Going On With Ferrari Shares Wednesday?
Wednesday, March 26, 2025 - 5:51pm | 241Ferrari N.V. (NYSE:RACE) shares traded lower on Wednesday after the White House announced President Donald Trump will announce new tariffs on automobile imports later today. What To Know: According to CNN, White House Press Secretary Karoline Leavitt said Trump will announce the automobile tariffs...