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Check out the top auto sector stocks steering towards growth. Which one do you have in your portfolio? #AutoStocks #StockMarketGrowth #AutoSector #StockMarketIndia #HeroMotocorp #Mahendra #UrjaGlobal #BajaAuto #MercuryEVTech

Interesting read from The Financial Times on the flip side of #EVadoption, leading to 'zombie' #auto factories. #ev sales continue to grow yoy

MOST PROFITABLE CAR MANUFACTURERS IN THE WORLD 🌍 It's intresting to note that the makers with highest PROFIT MARGINS are reigning supreame and lowest like Nissans and Ford's struggling to survive 🚗. #automobile #profits #growth

Stay Ahead with Tire Sales Trends! 🛞 Track your tire sales like never before with Market Genie! Compare your shop’s tire sales to national trends and uncover opportunities to boost your performance. Get the insights you need to keep your shop rolling toward success! #TireTrends #AutoShopGrowth #SalesBoost #MarketInsights #AutoIndustry #TireSales #DataDriven #ShopPerformance #AutoBiz #BoostYourBusiness

Resilient Supply Chain Fuels Growth in Auto Sales for May 2024 Read The News: https://lnkd.in/gD5YyyCu #ICTTMNews #BreakingNews #AutoNews #MarketUpdate #SupplyChain #VehicleSales #IndustryGrowth

Did you ever ask yourself what is my advantage when buying stocks? It's quite an important question to ask, because in order to do better than average, you will need to outsmart your competition. A rather big advantage that I have used over the last 2 years is Alternative Data. Well, what is that you might ask? It's data that is publicly available but requires some alternative method to gather. For example: We scrape the carvana.com website to track business performance in real-time. This data is publicly available but gathering and processing it requires advanced technological capabilities. So when you can track a business in real-time, you can essentially have a much larger position in a security with lower risk. If you couple this with the ability to forward-think priced expectations in a security, you can really outsmart your competition. For Q2 Carvana, you can, for example, expect the following results: Retail units sold: 101,632 (+33% YoY) (+11% QoQ) ASP: $24,162 (-3.5% YoY) (+1% QoQ) Inventory started at 28k and ended at 34k. Average delivery times were: 4.2 days and declined throughout the quarter Carvana management hasn't guided any specific number on the last earnings call. So the question is how will this play out? I would say more likely good than bad, but at the end of the day, it doesn't really matter. The market can downvote this report; what matters is long-term business performance. Voting machine in the short-term, weighing machine in the long-term. #investing

Resilient Supply Chain Fuels Growth in Auto Sales for May 2024 Read The News: https://lnkd.in/gD5YyyCu #ICTTMNews #BreakingNews #AutoNews #MarketUpdate #SupplyChain #VehicleSales #IndustryGrowth

Insights into the consumer & economy. 🚗 New Vehicle Prices Drop Yet Again in August, 🚗Incentives Surge by Nearly 50% YoY “Dealers are telling us the sales environment is humming along at a muted pace and there is growing pressure to lower prices. This shift to a buyers’ market is good news for consumers but certainly impacts dealer profitability. -Erin Keating Cox Automotive #cars #automotive #consumer #sales #incentives #macro #insights #economy #sales #autosales

Holt Automotive Staffing's Industry News of the Week 💡 Stay ahead with us! Each week, we’ll share the latest industry news and insights to keep you informed. Count on us as your go-to staffing agency! To explore these articles in more depth, click on the links below 👇 Toyota delays EV output at Ky. plant for ‘production’ issues - https://lnkd.in/e5RyzuvJ Amari Supercars sees profits dip as income from luxury vehicle sales takes a slide - https://lnkd.in/ei83bpez EV Notes: Rivian Cuts Production Target Due to Part Shortage - https://lnkd.in/e97FdqBK Developer of AI-driven dealership tool raises $32 million - https://lnkd.in/eV_shCDj Follow to keep up with the latest automotive industry developments ✔ #Strikes #industrynews #EVNews #USDealerships

Year back, short inventory, disrupted supply chain and not-enough parts and components were the reason leading to a series of production which in turn engulfed sales and profits of car makers. Read the blog: https://ow.ly/C7uI50SS1j7 #PakWheels #PWBlog #Toyota #Production #Shutdown