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Advance Auto Parts Upgraded by Zacks to Buy

2015-08-29 20:24:54| Auto Parts - Topix.net

The brokerage currently has a $199.00 price objective on the stock. Zacks 's price objective indicates a potential upside of 12.76% from the stock's previous close.

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Russia's Auto Market Driving in Reverse

2015-08-29 11:40:57| Auto Dealers - Topix.net

At the opening of the International Moscow Automotive Forum this week, a Russian business association representative spoke openly about the crisis facing industry leaders, his concern echoing industry insiders who say the country relies too heavily on imports and that inflation is pricing out too many consumers. After a decade of growth, 2015 sales are expected to drop from 2013 levels, from 3 million cars a year to half that number, as the economy suffers under flagging oil prices and Western sanctions.

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Jimmy Pattison enters Alberta auto market with Audi Edmonton North

2015-08-29 07:33:30| Auto Dealers - Topix.net

Canadian entrepreneur Jimmy Pattison, is in Edmonton for the grand opening of Audi Edmonton North. This is Pattison's first Audi dealership and his first foray into Edmonton's automotive market.

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Government warned against budget increase in auto trade taxes

2015-08-28 07:02:25| Auto Dealers - Topix.net

A predicted rise in car sales of over 25% this year might not be realized if the government opts to increase taxes on the motor industry in the upcoming budget, it has been claimed. Car sales figures for July are up 48% with 27,633 vehicles sold compared to 18,711 in the corresponding month last year, according to statistics released by the Society of the Irish Motor Industry .

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August US auto sales seen down 3.9 percent: JD Power/LMC

2015-08-27 19:40:04| Auto Dealers - Topix.net

This week's fall in equities markets is not expected to have a major impact on August U.S. auto sales, industry consultants J.D. Power and LMC Automotive said on Thursday. DETROIT: This week's fall in equities markets is not expected to have a major impact on August U.S. auto sales, industry consultants J.D. Power and LMC Automotive said on Thursday.

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