HISTORICAL FACTS: 5 - Caught on Camera

2 Auto Stocks to Buy, 1 to Hold in October

The auto industry remains well positioned for growth thanks to the significant decline in inflation since last year’s high and improving supply chains. Strong demand for new vehicles is expected to boost the industry’s prospects. Therefore, one could consider buying fundamentally strong stocks, Wabash National Corporation (WNC) and Blue Bird…

StockNews.com · Oct 4, 2023

How the UAW strikes could impact car shoppers

Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now. A new strike on parts distribution centers, however, could sting.

WEKU · Sep 23, 2023

Average Electric Vehicle Prices Plummet As Oversupply Concerns Grow

Analyst predicts that increasing EV inventory and falling prices could have a positive impact on EV adoption in the long run.

InsideEVs · Sep 19, 2023

4 Auto Stocks with Great Quality

The auto industry is expected to perform well this year due to the easing of inflation, increase in production, healthy job growth, and improving consumer sentiment. To that end, investors should consider quality auto stocks Tesla (TSLA) Mercedes-Benz (MBGAF), Bayerische Motoren Werke Aktiengesellschaft (BMWYY), and Stellantis N.V. (STLA). Read more.

StockNews.com · Aug 9, 2023

New EV Prices Down 20% Compared To Last Year: Kelley Blue Book

In June 2022, the ATP for new all-electric vehicles sold in the US was $66,390. In other words, the average price of EVs went down by nearly $13,000 in one year.

InsideEVs · Jul 12, 2023

Unsold electric cars are piling up on dealer lots

There's a growing mismatch between EV supply and demand.

Axios · Jul 10, 2023

EV Sales Fail To Keep Up With Dealer Inventory Levels

Purchases fail to keep up with dealers’ ability to fill their lots with EVs that end up collecting dust for about three months before being sold.

InsideEVs · Jul 6, 2023

Cox Automotive increases its 2023 new-vehicle sales forecast

Analysts at Cox Automotive are expecting a much brighter year for U.S. auto sales in 2023 with an improvement in fleet sales leading to expected sales of 15 million, up from the previous prediction of 14.1 million.

Tribune News Service · Jun 27, 2023

Bankrate:Why is it harder to get a car loan in 2023?

When the time comes to purchase your next vehicle, you want to focus on finding your dream car, not fighting for affordable financing. But since the pandemic’s early days, the car market has shifted. Inflation made finding competitive rates challenging, and supply chain issues pushed average car prices above MSRP.

Tribune News Service · Jun 27, 2023

3 Auto Stock to Buy Into this Week

Despite the uncertain macroeconomic environment, auto sales will likely remain robust throughout the year. Auto dealers will continue to benefit from rising sales of new and used vehicles. Additionally, the pent-up demand for travel is expected to boost the auto rental industry. To that end, it could be wise to…

StockNews.com · Jun 20, 2023