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Consumer Shift To Electric — Or High Prices Scaring Buyers Off? Used Car Index Shows Largest Decrease In 7 Months
Thursday, October 13, 2022 - 3:57pm | 406According to consumer price index data provided by the U.S. Bureau of Labor Statistics (BLS) on Thursday, the used car and truck index showed a 1.1% decline, coming in at 7.2% following a 0.1% decline in August. This is the largest drop in the used car and truck index since March of this year. The...
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Citigroup Sums Up In 2 Words Why GM's EPS Won't Collapse: Pickup Trucks
Thursday, June 9, 2016 - 11:27am | 303Citi’s Itay Michaeli mentioned that the final May data points “confirm a strong month all-around for pickup trucks—including May used pickup pricing.” Michaeli maintains a Buy rating on General Motors Company (NYSE: GM), with a price target of $50. May Data Points Similar to...