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Auto Dealer Stocks React Favorably As NADA's May Used Vehicle Index Shows Growth
Tuesday, June 13, 2017 - 1:12pm | 560Read More...Stocks exposed to used car sales and auto lending spiked Tuesday following a data correction from the National Automobile Dealers Association regarding its used vehicle price index. The index was reported on Monday at 107.8, a negative 10.3 percent change year over year and negative 2.2 percent...
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Used Auto Pricing Continues To Send Cautionary Signals For US Autos
Tuesday, June 13, 2017 - 12:14pm | 463Read More...All evidence continues to point to a deterioration of the U.S. auto market, but the ultimate question on investors’ minds is how severe the fallout will be for the auto industry. The latest statistics from the National Automobile Dealers Association indicate used auto prices fell 10.3 percent...
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Meet The Companies Most Exposed To Subprime Auto Risk
Wednesday, March 22, 2017 - 7:20am | 362Read More...The latest numbers from Black Book (BB) seem to confirm that the U.S. auto market has peaked. BB just launched its brand new BB Used Vehicle Retention Index (UVRI), which indicates that used car prices declined by 6.0 percent in 2016. So far in 2017, that trend seems to have continued. The latest...
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NADA Raises Auto Sales Estimates
Tuesday, November 18, 2014 - 11:15am | 244Read More...The National Automobile Dealers Association issued a forecast on Monday indicating 16.94 million new cars and light trucks will be purchased or leased in the United States in 2015. The forecast was increased from previous estimates of 16.4 million units. "Rising employment and wages,...
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GM Ad Leaves Ford Seething, Plotting Revenge
Monday, February 6, 2012 - 3:15pm | 524Read More...A General Motors (NYSE: GM) ad is bothering Ford (NYSE: F) ... a lot! Ford took in potshots from GM positing, tongue-in-cheek, the F150 would not fare as well as Silverado on an apocalyptic event. But this is not what's bothering the Blue Oval automaker. Cheeky mine-beats-yours bragging should...
