Honda, Hyundai and Kia set sales records in May [FOX Business Network]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: FOX Business Network
Advance Auto Parts CEO and President Tom Greco weighs in on chip shortage and what it means for the auto industry. New cars may be in short supply due to the ongoing semiconductor shortage, but car shoppers definitely aren't. Honda , Hyundai and Kia each set all-time monthly records in May as buyers continued to return to the market an scooped up vehicles at a frenetic pace. Hyundai sales were up 56% compared to pandemic-hit May 2022 and let by a big recovery in compact cars and SUVs. "Consumer demand across the Hyundai lineup remains strong and we continue to work closely with our manufacturing and supply chain partners to meet this extraordinary demand, sales VP Randy Parker said. Kia saw gains in similar segments and deliveries of its Telluride large SUV, which was named 2020 World Car of the Year and North American Utility of the Year, up 200%. Along with Honda's record result, the automaker's Acura luxury brand had its best month in nearly 15 years on the back of the
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News
- Baum Family Investments Embarks on Triple Net Lease Strategy with $250 Million Acquisition GoalPR Newswire
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at Evercore ISI from $82.00 to $78.00. They now have an "in-line" rating on the stock.MarketBeat
- Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold [CNBC]CNBC
- Advance Auto Parts: Can The New Management Deliver? [Seeking Alpha]Seeking Alpha
- Automotive Aftermarket Private Label Programs in North America, Europe and Asia 2024-2030: Suppliers and Distributors Likely to Transition to New Business Models with a Digital-first Strategy [Yahoo! Finance]Yahoo! Finance
AAP
Earnings
- 2/28/24 - Miss
AAP
Sec Filings
- 4/8/24 - Form DEF
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form ARS
- AAP's page on the SEC website