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Group 1 Automotive, Penske Automotive: Management Meetings Reveal Industry Trends

Meetings with the top management of Group 1 Automotive Inc (NYSE:GPI) and Penske Automotive Group Inc (NYSE:PAG) highlighted industry trends in tariff responses by OEMs (original equipment manufacturers), new and used vehicle sales, as well as PS (parts and service) trends, according to JPMorgan.

Benzinga · Jun 24, 2025

Car dealerships in North America revert to pens and paper after cyberattacks on software provider

Car dealerships across North America continue to wrestle with disruptions that started last week

The Independent UK · Jun 24, 2024

3 Auto Stocks with Smart Weekly Gains Potentially in the Pipeline

The automotive industry’s growth is propelled by new technologies like electric and self-driving cars and the growing demand for rental cars in emerging countries. Therefore, it could be wise to invest in fundamentally strong auto stocks Group 1 Automotive (GPI), Copart (CPRT), and Stellantis (STLA) for potential gains. Read more.

StockNews.com · Nov 30, 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

3 Auto Stocks Intriguing Investors

Although the economy is challenged by multiple headwinds, constant technological advancements and improving demand could fuel the automotive industry’s growth. So, fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) could be worth buying. Keep reading.

StockNews.com · Jun 8, 2023

The Great Rotation: 3 Value Stocks to Buy in May 2023

As periods of economic turmoil bode relatively well for the value stocks, it could be wise to invest in shares of Group 1 Automotive (GPI), Golden Agri-Resources (GARPY), and Friedman Industries (FRD) that are trading at discounted prices and offer stable returns. Continue reading….

StockNews.com · May 3, 2023

3 Auto Stocks Picking up Speed This Summer

Irrespective of macroeconomic headwinds, auto demand looks robust. Moreover, consumers are willing to pay more for used cars. Therefore, quality auto stocks Penske Automotive (PAG), AutoNation (AN), and Group 1 Automotive (GPI) could be ideal trading options. Keep reading….

StockNews.com · Jul 25, 2022

6 Top-Rated Stocks Wall Street Analysts Expect to Climb

With the persistent macroeconomic issues driving immense volatility in the stock market lately, it has become difficult for investors to identify a reasonable entry point in almost all stocks. Amid this scenario, one could invest in top-rated stocks VEON (VEON), Group 1 Automotive (GPI), Xperi Holding (XPER), ArcelorMittal (MT), Ingevity…

StockNews.com · Jun 21, 2022

5 Stocks Upgraded To "Strong Buy" Last Week

Investors’ concerns over the impending interest rate hikes are expected to keep the markets highly volatile in the near term. Therefore, it could be wise to invest in fundamentally-sound stocks Group 1 Automotive (GPI), Eli Lilly and Company (LLY), nVent Electric (NVT), Primo Water (PRMW), and Sanmina (SANM) that are…

StockNews.com · Jun 20, 2022

5 Buy-the-Dip Consumer Cyclical Stocks to Buy Right Now

While many expect the economy to soon slip into recession, a strong labor market and increasing consumer spending make certain consumer cyclical stocks attractive bets at their current price dips. Therefore, we think it could be wise to bet on quality consumer cyclical stocks Boyd Gaming (BYD), Carter's (CRI), Group…

StockNews.com · May 5, 2022