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Porsche leads rise of Canada's luxury auto sector

2015-02-19 06:51:39| Auto Dealers - Topix.net

Porsche posted the best year-over-year percentage increase of any auto maker in Canada, topping off a four-year run that has doubled sales. "The Canadian economy has created quite a tailwind for us," Alexander Pollich, Porsche Canada president, said in an interview at Downtown Porsche, one of three dealerships the Germany-based auto maker has in the Greater Toronto Area.

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Advance Auto Parts Skids After Earnings Release, But Is Set To Shift Back Into High Gear

2015-02-19 01:34:32| Auto Parts - Topix.net

The stock is currently sitting at $150.23. It's had a great run this past year from the mid $120's, but still has room to move.

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Columbus-based auto dealer completes purchase of Hidy properties

2015-02-18 22:32:28| Auto Dealers - Topix.net

Germain Motor Co. has completed its purchase of two Hidy auto dealerships. The Columbus-based dealership has purchased Hidy Ford and Hidy Honda, marking its first foray into the Dayton market.

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Carbon fibre to go mainstream in auto industry by 2025: report

2015-02-18 18:04:52| Canadian Plastics Headlines

Driven by a faster-than-expected pace of technology development, carbon-fibre reinforced plastics (CFRPs) will be poised to gain widespread adoption for automotive lightweighting by 2025, according to a new report. The report by Boston, Mass.-based Lux Research estimates that… The post Carbon fibre to go mainstream in auto industry by 2025: report appeared first on Canadian Plastics.

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Advance Auto Parts Issues Downbeat Guidance

2015-02-17 20:24:44| Auto Parts - Topix.net

Advance Auto Parts Inc. on Thursday reported a higher mix of low-margin commercial sales in the fourth quarter and provided a downbeat earnings outlook for the year. For 2015, the company expects per-share earnings between $8.35 and $8.55, below analyst estimates of $8.72 a share.

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