Auto sales are down in the U.S. but pricing is heading higher (NYSE:TM)
Cox Automotive runs through the state of the U.S. auto industry with Q3 in the books. The research firm notes Q3 sales volume in total was only down 10% compared to year ago levels, which in normal times might be…
Xbox Series backward compatibility detailed – auto HDR, higher frame rates and enhanced visuals on select titles
Microsoft has detailed backward compatibility for Xbox One and compatible Xbox 360 and Xbox games on Xbox Series platforms, including auto high-dynamic range, and higher frame rates and enhanced visuals on select titles. Get the details below, via Xbox compatibility…
Solid Preliminary Results Drive Group 1 Automotive 20% Higher
What happened Shares of Group 1 Automotive (NYSE:GPI), owner and operator of 186 automotive dealerships, jumped over 20% higher Tuesday after the company released preliminary third-quarter results that included a number of positive developments for investors. So what The COVID-19 pandemic…
Used-Car Prices Shift Into Higher Gear
(Bloomberg) — Who needs a 3-year Treasury bill when they could have a three-year-old Toyota? The latter is more lucrative and, at the moment, arguably a better investment. © Bloomberg A salesman surveys the lot at a used car dealership…
UK car makers face higher tariffs after EU ‘rejects car parts deal’
British car manufacturers could still face higher export tariffs even if there is a post-Brexit trade deal with the EU, according to a letter to the car industry from Britain’s chief Brexit negotiator. In the letter seen by the BBC,…
UK car makers ‘to face higher export tariffs as EC rejects components request’
British car manufacturers could face higher export tariffs with or without a Brexit deal, it has been reported. It followed a reported rejection by the European Commission of proposals for components from Japan and Turkey used on UK car production…
Auto Finance Market Have High Growth But May Foresee Even Higher Value | BMW, Volkswagen, JPMorgan, Daimler, General Motors
The MarketWatch News Department was not involved in the creation of this content. Sep 24, 2020 (Market Insight Reports) — (New Jersey) A new business intelligence report released by HTF MI with title “Global Auto Finance Market Report 2020” is…
Auto Parts Stock Ready to Switch Gears Higher
The stock is ripe for a round of upgrades, too Auto parts manufacturer Cummins Inc. (NYSE:CMI) has flagged out for the past month since its mid-August all-time highs. More recently, the shares have formed a bullish engulfing candle, with support…
UMW to take off on higher auto sales and Airbus engine orders
PETALING JAYA: UMW Holdings Bhd business divisions are set to rebound strongly in financial year (FY) 2021 driven by higher sales volume. AllianceDBS Research raised its earnings forecast by 7%-10% for financial years (FY) 20-22 on the back of the…
UGN Automotive Manufacture Looks To Higher 50 Full-Time Workers
TINLEY PARK, IL — UGN Inc., a local manufacturing company headquartered in Tinley Park, is looking to hire 50 full-time employees during the COVID-19 pandemic, according to a news release. Employees will receive hourly pay and benefits, according to the…