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China October Auto Sales Gain 11% After Tax Cut Boosts Demand

2015-11-06 08:15:50| Auto Dealers - Topix.net

Passenger-vehicle sales in China increased at the fastest pace in seven months after the government cut a tax on car purchases to boost sagging demand in the world's largest auto market. Retail deliveries of cars, SUVs and multipurpose vehicles rose 11.3 percent to 1.85 million units last month, the biggest monthly gain since March, according to the China Passenger Car Association.

Tags: october auto sales china

 

3 Sure Ways to Profit From the Auto Sector's Huge Resurgence

2015-11-06 03:59:59| Auto Dealers - Topix.net

The automobile sector is enjoying nitro-charged prospects, with surging auto and truck sales propelling analysts' expectations for a stellar fourth quarter. And the good times are expected to extend into 2016.

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Highway bill includes freight, auto safety provisions

2015-11-05 23:44:06| Auto Dealers - Topix.net

A sweeping transportation bill approved by the House on Thursday would put a new emphasis on freight corridors when designating highway funds and includes provisions sought by both industry and safety advocates to address auto, truck, bus, and railroad safety. Here is a look at some of the bill's provisions.

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Advance Auto Parts Downgraded by Vetr Inc.

2015-11-05 07:00:52| Auto Parts - Topix.net

They currently have a $193.00 price target on the stock. Vetr 's price objective points to a potential downside of 3.18% from the company's previous close.

Tags: inc auto parts advance

 

2015 Could Be The Best Year Ever For Auto Sales

2015-11-04 20:44:43| Auto Dealers - Topix.net

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. General Motors Company reported that its October U.S. auto sales rose 16 percent year-over-year, Ford Motor Company reported a 13 percent increase in its October U.S. sales and Fiat Chrysler Automobiles NV reported a 15 percent jump in its October U.S. sales.

Tags: for year auto sales

 

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