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Burson to look over Metcash auto business as first WA stores open
2015-05-31 17:03:46| Grocery - Topix.net
Automotive parts supplier Burson Group says it will closely examine the Metcash automotive division as a potential acquisition because there's little overlap between the two firms, as it prepares to take the wraps off the first of its own Western Australian stores to fill a gap in its geographic network. Burson, which itself listed on the Australian Securities Exchange in April last year and has watched its share price climb by 74 per cent from its issue price of $1.82, is in expansion mode, and chief executive Darryl Abotomey said it would closely scrutinise the Metcash business.
Tags: business
open
auto
stores
Advance Auto Parts Is Primed For Growth
2015-05-31 02:18:50| Auto Parts - Topix.net
Advance Auto Parts , a specialty retailer of automotive replacement parts, accessories, batteries, and maintenance items, posted first-quarter fiscal 2015 results where it missed on earnings, but revenues were in line with what analysts had envisioned. The stockholders of this automotive aftermarket retailer are sitting on year-to-date loss of around 4%.
Tags: auto
parts
growth
advance
Why Flat U.S. Auto Sales In May Are No Reason To Hit The Panic Button
2015-05-31 01:22:31| Auto Dealers - Topix.net
I'm a freelance reporter with 25 years experience writing about, and working in, the auto industry. After a journalism degree at the University of North Carolina-Chapel Hill, where I was a Morehead Scholar, I started out with the dearly departed Nashville Banner, an evening newspaper.
Phyllis McGuire: Learning a hard lesson in auto leasing
2015-05-31 00:20:51| Auto Dealers - Topix.net
WILLIAMSTOWN >> I hate making decisions, but in 2012 when my 14-year-old car became more of a burden than an asset, I could no longer put off choosing a replacement. When my lady friends and I were chatting over lunch, I mentioned that I was considering buying a new car.
Tags: auto
hard
learning
lesson
U.S. auto sales speed toward 17 Million
2015-05-30 20:09:19| Auto Dealers - Topix.net
Hot sales in May could put the U.S. auto industry well on its way to delivering 17 million new vehicles this year--a level unseen since 2001. On Tuesday, auto makers are expected to report May sales, and analysts are forecasting 1.59 million vehicles for the month.
Tags: auto
sales
million
speed
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