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Canada retail sales rose 0.3% mom in jul, missed expectations

Canada retail sales rose 0.3% mom to CAD 66.1B in July, below expectation of 0.4% mom. Core retail sales—which exclude gasoline stations and fuel ve...

September 22, 2023, 12:36 pm

Uaw labor contract demands are 'unsustainable': ford dealer

Auto workers have manned picket lines against automakers for nearly one week, with strike organizers considering expanding efforts to other factory lo...

September 21, 2023, 6:51 pm

Cftc imposes fine on stonex for alleged disclosure breach

The Commodity Futures Trading Commission (CFTC) has imposed a penalty of $650,000 on StoneX Markets LLC (StoneX), a registered swap dealer. This penal...

September 20, 2023, 7:54 pm

The us treasury auctions off $13b of 20 year notes at a high yield of 4.592%

WI level at the time of the auction: 4.592%High Yield: 4.595%Previous: 4.499%Six-auction average: 4.055%Tail: -0.3bpsPrevious: 0.9bpsSix-auction avera...

September 19, 2023, 5:03 pm

Us treasury to auction off $13 billion of 20 year notes at the top of the hour

The U.S. Treasury will auction off $13 billion of 20-year notes at the top of the hour. The major components of the auctions and the 6-month averages ...

September 19, 2023, 4:42 pm

How uaw strike will benefit online auto advertisers like cargurus and cars.com

Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benef...

September 19, 2023, 2:36 pm

Us autoworkers strike - a hit to the us economy and an inflationary impulse

Bank of Montreal analysts on the autoworkers strike, say the impact will be across multiple facets:The most immediate of which will be the associated ...

September 18, 2023, 10:31 pm

Bank of montreal scaling down retail auto finance business

Poor debt provisions in retail trade spiked to C$81m, compared to a C$9m recovery a year earlier, according to the latest quarter-end results. This pe...

September 18, 2023, 9:17 am

Reputation’s annual automotive report reveals that dealerships benefit from a 10% sales increase when they focus on consumer feedback

84% of Customers Said Reviews Factored Into Their Choice of dealership in 2023, With 93% of Gen Z Using...

September 18, 2023, 8:00 am

Nkla stock alert: nikola announces canadian expansion of dealer network

Nikola (NASDAQ: NKLA ) stock is a hot topic among traders on Friday as they go over the details of a new expansion in Canada. The big news here is Nik...

September 15, 2023, 9:51 am

Why carvana spiked today

August retail sales came in a bit stronger, with auto sales a bright spot. A looming UAW strike could give near-term upside to used car ...

September 14, 2023, 2:56 pm

Ford, gm, stellantis dealerships brace for potential uaw strike

As the deadline approaches for Detroit's Big Three automakers to reach new contract agreements with the United Auto Workers or face a strike, ...

September 12, 2023, 6:16 am

Camping world: not as bad as it's made out to be

Camping World Holdings' stock has been performing poorly due to disappointing Q2 results and a significant cut in dividends. Potentially $80m of savin...

September 11, 2023, 6:45 am

Asbury automotive to buy the jim koons auto dealership group for $1.2 billion, to expand in the mid-atlantic region

Shares of Asbury Automotive Group Inc. ABG, -2.68% rose 3.2% in premarket trading Friday, after the auto retailer announced a deal to buy the Jim Koon...

September 8, 2023, 7:29 am

Muln stock alert: charles payne questions david michery over mullen

Mullen Automotive (NASDAQ: MULN ) stock has fallen about 50% during the past month and an interview of CEO David Michery by Fox Business host Charles ...

September 5, 2023, 12:15 pm

Should you invest in the ishares u.s. broker-dealers & securities exchanges etf (iai)?

Looking for broad exposure to the Financials - Brokers/ Capital markets segment of the equity market? You should consider the iShares U.S. Broker-...

September 5, 2023, 7:31 am

Down more than 27% last month, time to buy this marine stock on the dip?

OneWater Marine operates a network of boat dealers and distributors across the country. Revenue in the ...

September 1, 2023, 9:53 am

Buying a new car? don't expect a bargain, even with more vehicles on dealership lots.

As some U.S. automakers update markets on their August sales, higher inventories at dealerships are one...

August 31, 2023, 3:33 pm

Stellantis says reorganisation of european dealer network starts next week

Stellantis will launch the reorganisation of its European dealers' network next week, starting with thr...

August 31, 2023, 11:58 am

Why mastercraft boat stock plunged to new lows on wednesday

Net sales fell 15% in the fiscal fourth quarter of 2023. The number of unsold boats at dealers will wei...

August 30, 2023, 12:29 pm


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