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Record auto sales this year before growth slows, analyst says
2016-02-05 16:01:10| Auto Dealers - Topix.net
The North American auto industry is likely to sell a record 18.2 million number of cars and light trucks this year before higher interest rates and urbanization starts putting the brakes on growth, an expert said. "We're still seeing robust demand, but we're entering into a slower growth phase," Mike Wall, director of automotive analysis for IHS Automotive, said Wall in a taping of West Michigan Week , which will air this weekend on WGVU-TV.
Can U.S. Auto Sales Keep Growing At 2015 Pace In The Coming Period?
2016-02-05 11:22:23| Auto Dealers - Topix.net
The strong pace of vehicle sales has led many people to speculate that sales might breach the 18 million barrier in 2016. Sales of new vehicles reached their highest level in fifteen years in the United States in 2015.
FY2015 Earnings Forecast for Advance Auto Parts, Inc. (AAP) Issued By William Blair
2016-02-04 21:58:03| Auto Parts - Topix.net
Advance Auto Parts, Inc. - Stock analysts at William Blair dropped their FY2015 earnings estimates for shares of Advance Auto Parts in a research note issued on Wednesday, Zacks Investment Research reports. William Blair analyst D. Hofkin now anticipates that the brokerage will earn $7.82 per share for the year, down from their prior forecast of $7.85.
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DIAM Co. Ltd. Purchases 1,662 Shares of Advance Auto Parts, Inc.
2016-02-04 21:58:02| Auto Parts - Topix.net
DIAM Co. Ltd. boosted its stake in shares of Advance Auto Parts, Inc. by 14.0% during the fourth quarter, according to its most recent 13F filing with the SEC.
Man charged with robbing Gary auto part store
2016-02-04 11:22:17| Auto Parts - Topix.net
Four people, including 21-year-old Richard D. Smith, robbed the Advance Auto Parts store in the 2200 block of Grant Street in Gary, Ind., at gunpoint on Dec. 22, according to a statement from Gary police. They took the drawers from the cash registers and ran away.
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