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Why John Krafcik and Auto Industry Are Jumping on Driverless Car Bandwagon

2015-09-17 02:32:32| AutomotiveDigest.com - Automotive Industry News

TrueCar President John Krafcik shocked a few people announcing his new position heading up Google Inc.s self-driving car project. While TrueCars future is in question with founder Scott Painter leaving soon, why would Krafcik choose Google over another automaker? Hed been praised for leading Hyundai to record U.S. sales, and would surely be offered an […] The Article Why John Krafcik and Auto Industry Are Jumping on Driverless Car Bandwagon appeared first on Automotive Digest.

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Checked Verified Sold Inside the Wholesale Auto Auction

2015-09-17 02:26:12| AutomotiveDigest.com - Automotive Industry News

Heres an overview of the history of automotive auctions from the early days and what goes on at a Texas-based auction facility. The Article Checked Verified Sold Inside the Wholesale Auto Auction appeared first on Automotive Digest.

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Don't Forget About Aftermarket Auto Stocks

2015-09-16 18:30:10| Auto Parts - Topix.net

In a report published Wednesday, Jefferies analyst Bret Jordan initiated coverage of the Automotive Aftermarket sector an often overlooked segment that has offered investors "significant" outperformance over the years. According to Jordan, the Jefferies Automotive Aftermarket Index has offered investors a 23 percent compounded annual return over a 10-year trailing period, outperforming the 12 percent compounded annual return for the S&P 500.

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Vetr Inc. Lowers Advance Auto Parts to Buy

2015-09-16 07:50:54| Auto Parts - Topix.net

They presently have a $189.75 price target on the stock. Vetr 's price objective indicates a potential upside of 7.29% from the company's previous close.

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Economic Report: Retail sales strong for auto dealers, weak for gas stations

2015-09-15 15:35:29| Auto Dealers - Topix.net

Sales at U.S. retailers rose modestly in August as choosy consumers spent more on new cars and trucks and went out to eat more. Americans spent less on gasoline as prices fell again, and they also cut back on home furnishings.

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