Auto Industry

The U.S. auto industry will be releasing light vehicle sales numbers on Tuesday, and Buckingham Research Group analyst Joseph Amaturo has some recommendations for stock traders looking to play the results. According to Amaturo, January and February are typically the two weakest months of the year...

Although Ferrari NV (NYSE: RACE) shares declined 24.31 percent over the last three months, they appreciated more than 4 percent in premarket trade on January 20. Citi analysts initiated coverage of the company with a Neutral rating and price target of €37. While management believes...

Shares of Advance Auto Parts, Inc. (NYSE: AAP) spiked higher by more than 10 percent on Wednesday. Activist investor Starboard Value has taken a 3.7 percent stake in the company. Starboard Value believes Advance Auto Parts' stock could be worth $350 per share. Shares of Advance Auto Parts, a...

Expectations for CarMax, Inc (NYSE: KMX)’s upcoming Q2 earnings report are relatively low. Despite a 17 percent decline in share price in recent months, data suggest the used car market remains strong. Oppenheimer is bullish on CarMax ahead of earnings. Oppenheimer analyst Brian Nagel...

A new report by Morgan Stanley breaks down the strongest March for the auto industry in 15 years. According to analysts, the Asian original equipment manufacturers (OEMs) are responsible for much of the strength in the sector. Impressive SAAR The statistic at the center of the report is the...

The summer driving season may be winding down, but summer season car sales continue to remain hot, with 2014 projected to remain strong overall. Kelley Blue Book said that sales for the first half of 2014 reached 8.15 million, up 4.2 percent from last year. New car sales are expected to...

The holidays may be over, but the auto industry is acting like Christmas is on the way – as they prepare to unwrap dozens of new vehicles at the upcoming North American International Auto Show (NAIAS) in Detroit. Last year's NAIAS had 71 vehicle debuts, including 61 worldwide unveilings. After...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...

Officials at Toyota Motors (NYSE: TM) must be ending this month with mixed emotions. New January-to-September sales figures show the auto-maker on top of the international market. But at the same time the company is dealing with the fallout of a jury decision late last week – that found Toyota...

Another good quarter for Ford (NYSE: F). The auto-maker reported a record 3Q pre-tax profit of $2.6 billion early Thursday; data it says reflects continued strong performance in North America and reduced losses in Europe. Pre-tax profit for the quarter was $426 million higher than the same time...

AutoNation (NYSE: AN) had a record Q2 EPS of $0.73, a revenue-driven increase of 11 percent that came out a Q2 revenue of $4.4 billion, a 13 percent increase over analysts' estimates of 4.33 billion. AutoNation CEO and Chairman Michael Jackson expanded upon the auto industry after discusses great...