CDK Expects All Car Dealership Systems To Be Restored By Early July 4
$ABG
$AN
$F
$GM
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
- Bloomberg
- Bloomberg
Save time and jump to the most important pieces.
| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/12/2024 | Buy → Neutral | Seaport Research Partners | ||
| 11/11/2024 | In-line | Evercore ISI | ||
| 11/7/2024 | $11.00 | Outperform → Mkt Perform | Bernstein | |
| 10/11/2024 | $49.00 | Buy → Hold | DZ Bank | |
| 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 |
4 - General Motors Co (0001467858) (Issuer)
4 - FORD MOTOR CO (0000037996) (Issuer)
4 - FORD MOTOR CO (0000037996) (Issuer)
8-K - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Filer)
8-K - FORD MOTOR CO (0000037996) (Filer)
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
Shamla Naidoo's Extensive Background in Technology, Data, and Privacy Provides Asbury Automotive Group with Additional Cyber Security Insight Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. Naidoo. "We are thrilled to welcome Shamla to the Board. She is a tremendous addition and
Davide Grasso Appointed Stellantis Chief Heritage Officer AMSTERDAM, November 13, 2024 - Stellantis has today announced the appointment of Davide Grasso as Stellantis Chief Heritage Officer reporting to Carlos Tavares, Chief Executive Officer. In this newly created position, he will be responsible for the curation of the history and patrimony of the 14 brands of Stellantis. Creating a bridge between their rich histories and their future directions, this global role will build awareness and connections with customers, brands, communities and the various institutions present in the territories where we operate. The role will be responsible for the partnering with our heritage centers, museum
FORT LAUDERDALE, Fla., Nov. 12, 2024 /PRNewswire/ -- For more than a decade, AutoNation (NYSE:AN) has donated and raised more than $40M to advance life-saving cancer research and treatment to help create the possibility of a cancer-free world. Through Drive Pink (DRV PNK), AutoNation's largest social impact program, throughout October, the company extended its year-round commitment to supporting cancer-fighting organizations through its 8th Annual DRV PNK Across America campaign. "Each day at AutoNation, we show up committed to answering the call to ensure everyone impacted by cancer has the opportunity to detect, fight and survive this life-threatening disease,
SC 13G - LITHIA MOTORS INC (0001023128) (Subject)
SC 13G/A - LITHIA MOTORS INC (0001023128) (Subject)
SC 13G - ASBURY AUTOMOTIVE GROUP INC (0001144980) (Subject)
Seaport Research Partners downgraded Asbury Automotive from Buy to Neutral
Evercore ISI initiated coverage of Stellantis with a rating of In-line
Bernstein downgraded Ford Motor from Outperform to Mkt Perform and set a new price target of $11.00
AUBURN HILLS, Mich., Nov. 21, 2024 /PRNewswire/ -- Fiat 500e Giorgio Armani Collector's Edition embodies FIAT's commitment to an electric-powered future while showcasing Italian style, elegance and craftsmanshipAvailable in two exclusive colors – green and Greige – with matching tone-on-tone eco-leather seats, Fiat 500e Giorgio Armani Collector's Edition features special Armani interior treatment and unique 17-inch wheels with GA logo"Ovation," the new Fiat 500e Giorgio Armani Collector's Edition commercial, debuts with the tagline, "Don't drive it, wear it"At the 2024 Los Ang
Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., has been named in Newsweek's World's Most Trustworthy Companies 2024 list. Asbury ranked number 27 in the Vehicles & Components Industry. Newsweek partnered with Statista, a global data and business intelligence platform, to conduct a survey considering all stock listed companies headquartered in a target country with a revenue of over 500 million USD. The companies were rated by more than 70,000 participants in the areas of Investor Trust, Customer Trust, and Employee Trust. "It is an honor to receive the title of one of the World's Most Trustworthy Companies," said David H
Stellantis to Participate in Goldman Sachs 16th Annual Industrials & Autos Week AMSTERDAM, November 21, 2024 – Doug Ostermann, Stellantis Chief Financial Officer, will participate in a fireside chat on Wednesday, December 4, 2024, from 1:20 p.m. GMT to 1:55 p.m. GMT at Goldman Sachs 16th Annual Industrials & Autos Week. To watch the live session, visit the following webcast link: https://kvgo.com/gs-industrials-autos-week-2024/stellantis-december Details for watching the fireside chat are also available under the Investors section of the Stellantis corporate website. For those unable to attend the live session, a recorded replay will be accessible following the event. # # # About Ste
4 - General Motors Co (0001467858) (Issuer)
4 - FORD MOTOR CO (0000037996) (Issuer)
4 - AUTONATION, INC. (0000350698) (Issuer)
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
HOUSTON, Nov. 12, 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 approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend. Share Repurchase Authorization IncreaseThe Company announced that its board of directors increased the Company's common share repurchase authorization by $333 million to $500 million. Year-to-date 2024, the Company repurchased 461,365 shares at an average price per common share of $298.49, for a total of $138 million. Purchases may be made from time to time, b
Stellantis Reports Lower Q3 2024 Net Revenues Amid Transitional Periodof Product Upgrades and Inventory Reduction; Confirms Full-Year Guidance Net revenues of €33.0 billion, down 27% compared to Q3 2023, primarily due to lower shipments and unfavorable mix as well as pricing and foreign exchange impactsConsolidated shipments(1) of 1,148 thousand units, were down 279 thousand, or 20% year-over-year. Q3 2024 included production gaps in several models as a global product transition begins, planned North American inventory reductions, and headwinds from a challenging European market environmentProduct blitz remains on track to deliver approximately 20 new models in 2024. Temporary gaps in our l
Current quarter diluted earnings per common share from continuing operations of $8.68 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.90Gross profit of $852.7 million from total revenues of $5.2 billion, both quarterly records, and an 8.4% and 11.0% increase, respectively, over the comparable prior year periodHOUSTON, Oct. 30, 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 reported financial results for the third quarter of 2024 ("current quarter"). Current quarter net income from continuing op