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Tag: auto
Advance Auto Doesn't Look So Cheap Anymore
2015-09-07 15:43:33| Auto Parts - Topix.net
When I last visited auto parts retailer Advance Auto back in July the stock was trading for $156 and I said at the time that it was cheap. AAP has been on an amazing run in the last few years as the company just continues to grow and make lots of money for shareholders.
Tags: auto
advance
cheap
anymore
China auto sales will stagnate for two years, firm predicts
2015-09-05 00:18:31| Auto Dealers - Topix.net
Investment research firm Morningstar is forecasting the Chinese auto industry will stagnate for the next two years before returning to growth. In a Thursday report on European automakers, Morningstar predicted new-vehicle sales in China will fall this year and again in 2016, as a result of the country's economic turmoil and declines in its stock market.
US fines Japan firm $65 mn for auto parts price-fixing
2015-09-04 13:19:19| Auto Parts - Topix.net
Friday, 04 September 2015 15:24:57 US fines Japan firm $65 mn for auto parts price-fixing WASHINGTON, Sept 4 : Japanese auto parts supplier NGK Insulators has agreed to plead guilty to a price-fixing conspiracy and pay a $65.3 million criminal fine, US authorities said Thursday. The Justice Department said that NGK Insulators also will plead guilty to obstruction of justice for impeding its investigation, but the company has now agreed to cooperate in the probe.
\'Can-Do\' Acquisition in Auto Air Care
2015-09-04 07:00:00| Happi Breaking News
HandStands picks up California Scents.
Tags: care
auto
air
acquisition
UPDATE 1-Sam's Club jumps into auto sales with TrueCar tie-up
2015-09-04 03:25:38| Auto Dealers - Topix.net
Sam's Club, the warehouse division of Wal-Mart Stores Inc, has tied up with online car-shopping service TrueCar Inc to make a full-fledged foray into auto sales, a fast-growing business for rival Costco Wholesale Corp. Until now Sam's Club had allowed a third-party auto-buying service to market cars through its website but had not operated its own program like Costco, which has quietly grown into one of the biggest players in the industry, selling nearly 400,000 vehicles last year. Sam's Club said on Thursday that its new program would give members access to more than 10,000 TrueCar dealers and guaranteed savings off the manufacturer's suggested retail price for new cars as well as deals on used cars.
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