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U.S. retail sales barely rise as auto purchases fall

2015-11-13 17:00:57| Auto Dealers - Topix.net

U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could The Commerce Department said on Friday retail sales edged up 0.1 percent last month after being unchanged in September. Economists polled by Reuters had forecast retail sales increasing 0.3 percent in October after a previously reported 0.1 percent increase in September.

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US retail sales rise 0.1 pct. in Oct.; restaurant and online spending improve, auto sales drop

2015-11-13 16:01:06| Auto Dealers - Topix.net

Americans ramped up their online shopping and restaurant spending in October, but barely-there inflation kept overall retail sales growth muted. The Commerce Department said Friday that retail sales rose a seasonally adjusted 0.1 per cent last month, after being unchanged in September and August.

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Auto Trader sees half year profits accelerate to A 83m

2015-11-13 16:01:04| Auto Dealers - Topix.net

Car sales website Auto Trader boosted its half year profits as a growing UK economy helped new and used car sales. Car sales website Auto Trader boosted its half year profits as a growing UK economy helped new and used car sales.

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RBC Capital Lowers Advance Auto Parts Price Target to $194.00

2015-11-13 13:57:16| Auto Parts - Topix.net

The firm currently has an "outperform" rating on the stock. RBC Capital's price objective would suggest a potential upside of 17.83% from the company's previous close.

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Online auto classified portal CarTrade acquires rival CarWale

2015-11-13 10:46:27| Auto Dealers - Topix.net

The two companies have over 3.2 crore combined visits in a month, work with about 9,000 new and used car dealer partners and connect car manufacturers with car buyers, a statement from CarTrade said. Online auto classified platform CarTrade has acquired rival CarWale from leading European digital publisher Axel Springer for an undisclosed amount.

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