The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5 trillion and
Tag: Asbury Automotive Group Inc
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images
Wall Street eyes auto industry earnings for signs of ‘demand destruction’
A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP |
Stocks to avoid amid inventory problem
Morgan Stanley believes U.S companies are facing an inventory problem — and it’s a key risk to earnings. “The problem with inventory
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