AutoNation is a leading automotive retailer in the United States, specializing in the sale of new and used vehicles, as well as providing related services. The company operates a vast network of dealerships across the country, representing multiple major automotive brands. In addition to vehicle sales, AutoNation offers financing solutions, vehicle maintenance, and repair services, aiming to deliver a comprehensive and convenient experience for customers throughout the car-buying process. With a focus on customer satisfaction and innovative technology, AutoNation continually seeks to enhance its operations and expand its footprint in the automotive marketplace. Read More
Group 1 Automotive (NYSE: GPI) made a significant announcement today, November 11, 2025, revealing that its Board of Directors has approved a new $500 million common share repurchase authorization. This substantial commitment to returning capital to shareholders was coupled with the declaration of a quarterly dividend of $0.50 per
JPMorgan Chase & Co. (NYSE: JPM), a titan of the financial industry and a significant component of the Dow Jones Industrial Average (DJIA), recently experienced a notable shift in market sentiment. Despite a year of robust financial performance characterized by surging earnings and revenue growth throughout 2024 and 2025, a cautious
GREENWICH, Conn., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 49th Annual Automotive Symposium on November 3rd and 4th, 2025 at the Encore at Wynn in Las Vegas, Nevada.
Lithia Motors (NYSE: LAD), one of the nation's largest automotive retailers, saw its stock price climb a remarkable 5.1% today, October 23, 2025, following the announcement of its robust third-quarter 2025 financial results. This significant upward movement signals strong investor confidence in the company's operational strategies and financial health,
GREENWICH, Conn., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 49th Annual Automotive Symposium on November 3rd and 4th, 2025 at the Encore at Wynn in Las Vegas, Nevada.
NEW YORK, NY – October 3, 2025 – Online used car retailer Carvana (NYSE: CVNA) saw its stock plummet by 4.9% today, marking a significant downturn for a company that has experienced considerable volatility in recent years. The sharp decline comes as investors react to a confluence of factors, most notably
Richmond, VA – September 26, 2025 – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, sent shockwaves through the automotive retail sector today, reporting a dismal second-quarter fiscal year 2026 earnings that significantly missed analyst expectations. The company announced diluted earnings per share (EPS) of just $0.64 for
Richtech Robotics (RR) spiked 25% to a 52-week high after new AutoNation and retail deals, an analyst upgrade, and rising demand for its Robots-as-a-Service.
Richmond, VA – September 25, 2025 – CarMax Inc. (NYSE: KMX), the nation's largest retailer of used cars, experienced a dramatic stock plunge today following the release of its fiscal second-quarter earnings report for 2025. The company's shares plummeted by as much as 25% during trading, settling around a 19-23% decline, making
In a strategic monetary policy pivot, the Federal Reserve has announced a 0.25% interest rate cut, reducing the federal funds rate to a range of 4.00% to 4.25%. This move, the first such reduction since December 2024, is a direct response to a softening labor market and
Despite looming tariffs and expiring EV credits, U.S. franchise auto dealers stay resilient on stable affordability and inventories, with investors eyeing LAD and AN.
