CDK Expects All Car Dealership Systems To Be Restored By Early July 4
- Bloomberg
- Bloomberg
Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
10/4/2024 | Outperform → Sector Perform | RBC Capital Mkts | ||
10/3/2024 | Overweight → Equal Weight | Barclays | ||
10/1/2024 | $12.00 → $13.00 | Neutral → Buy | Goldman | |
9/25/2024 | $115.00 → $180.00 | Underweight → Overweight | Morgan Stanley | |
9/25/2024 | $285.00 → $430.00 | Equal-Weight → Overweight | Morgan Stanley | |
9/25/2024 | $47.00 → $42.00 | Equal-Weight → Underweight | Morgan Stanley | |
9/25/2024 | $16.00 → $12.00 | Overweight → Equal-Weight | Morgan Stanley | |
9/25/2024 | $145.00 → $200.00 | Equal-Weight → Overweight | Morgan Stanley |
RBC Capital Mkts downgraded Stellantis from Outperform to Sector Perform
Barclays downgraded Stellantis from Overweight to Equal Weight
Goldman upgraded Ford Motor from Neutral to Buy and set a new price target of $13.00 from $12.00 previously
4 - AUTONATION, INC. (0000350698) (Issuer)
4 - LITHIA MOTORS INC (0001023128) (Issuer)
3 - General Motors Co (0001467858) (Issuer)
4 - General Motors Co (0001467858) (Issuer)
4 - FORD MOTOR CO (0000037996) (Issuer)
4 - AUTONATION, INC. (0000350698) (Issuer)
SC 13G/A - AUTONATION, INC. (0000350698) (Subject)
SC 13D/A - AUTONATION, INC. (0000350698) (Subject)
SC 13D/A - AUTONATION, INC. (0000350698) (Subject)
Ford Motor Company (NYSE:F) stock is moving lower on Thursday after the company missed analyst EPS estimates for the 2024 fiscal year second quarter. What Happened: The company reported adjusted EPS of 47 cents missing analyst estimates of 68 cents. In addition, Ford reported revenue of $47.80 billion beating analyst estimates of $44.02 billion. Ford’s revenue figure represents a 6% year-over-year increase. Separately, Ford reported a quarterly EBIT of 2.6 billion for Ford Pro. The company’s outlook for full-year EBIT for Ford Pro is up to a range of $9.0 billion to $10.0 billion due to growth and a favorable product mix. The outlook for Ford Blue is down to a range of $6.0 billion
Stellantis NV (NYSE:STLA) stock plunged after the automaker reported dismal financial results for the first half of 2024 on Thursday. Net revenue was 85 billion euros ($91.53 billion), down 14% year over year, primarily due to the decline in volume and mix. First half net profit came in at 5.6 billion euros ($6.07 billion). That’s down 48% compared to the first half of 2023. Adjusted EPS declined by 35% Y/Y to 2.36 euros. Combined shipments declined by 12% year over year to 2.93 million units. Consolidated shipment decreased by 10% year over year to 2.87 million units. Adjusted operating income (AOI) declined by 40% year over year to 8.5 billion euros, primarily due to
MEDFORD, Ore., Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest
2024 YTD Acquired Revenues total $3.9 BillionHOUSTON, Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of Soper of Lincoln BMW/MINI located north of London in the county of Lincolnshire. This acquisition is expected to generate approximately $125 million in annual revenues. Group 1's Chief Executive Officer Daryl Kenningham stated, "We want to welcome our new teammates from Soper of Lincoln to the Group 1 family and are delighted to expand our operations with these great brands. Our s
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.47 per share. The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. The dividend is payable on September 16, 2024 to stockholders of record as of September 2, 2024. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 260 automotive dealerships, 337 franchises, and 45 collision centers in the United States and t
6-K - Stellantis N.V. (0001605484) (Filer)
8-K - FORD MOTOR CO (0000037996) (Filer)
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer ("CEO") of Group 1 Automotive U.K. Raban brings more than 20 years of executive experience in automotive retail operations and finance to Group 1. In this new role, he will oversee the integration of the recently acquired Inchcape dealerships to drive strategic growth in the U.K. Leveraging the Company's expanded brand portfolio and presence, Raban will also focus on enhancing customer experience and reinforcing Group 1's stro
New Tech Firm Formed by Automakers to Help Manage Flow of Data, Energy Between EVs and Power Grid NEW YORK, Sept. 18, 2024 /PRNewswire/ -- BMW, Ford and Honda have begun operations of the new joint venture that they announced last year and have appointed the first CEO and CTO. ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid, shoring up grid stability while saving drivers money on their charging. The announcement underscores that automakers remain committed to EVs – including plug-in hybrids – and are focused on reducing the total
HOUSTON, TEXAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- August 12, 2024 – Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the appointment of Manish H. Shah and Amit Singhi to its Board of Directors effective August 12, 2024. George Wilson, President and Chief Executive Officer, commented, "Manish and Amit are both proven, forward-thinking leaders, and we're looking forward to the insights they'll bring to Quanex as we continuously strengthen our focus on profitable growth across all areas of the Company. We're confident in the value of their unique perspectives, and our leadership team is looking forward to their contributions." Mr. Shah is the C
Completion of the Third and last Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (September 27- October 2 2024) AMSTERDAM, October 3, 2024 - Stellantis N.V. ("Stellantis" or the "Company") announced today that its Third and last Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024 has been completed. Since August 1, 2024 up to and including October 2, 2024, the Company has purchased a total of 72,041,332 common shares for a total consideration of € 999,999,880. During the period between September 27 up to and including October 2, 2
Judge Directs DMS Provider to Transfer Data to a Competitor for Asbury Pilot Program Asbury Automotive Group (NYSE:ABG) ("Asbury") one of the largest automotive retail and service companies in the United States, announced today the entry of a court order directing CDK Global LLC ("CDK") to provide data for four Asbury dealerships to Tekion Corp. ("Tekion") as part of a pilot program initiated by Asbury at the dealerships. The court's order followed the filing of a lawsuit by Asbury in the Superior Court of Gwinnett County, Georgia. Prior to the entry of the order, CDK had refused to transfer the dealerships' data to Tekion, which competes with CDK in providing Dealership Management System
AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ -- Stellantis hosts 25th annual supplier diversity MatchMaker eventEvent connects more than 325 diverse business owners with more than 225 Tier 1 supplier decision-makers and Stellantis purchasing, supply chain and supplier quality representatives across commodity areasAnnual tradeshow and networking event has generated more than $4 billion in new business opportunities Company has purchased more than $100 billion from diverse-owned suppliers since 1983 Head of North America supplier diversity honored for leadership in advancing d