Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

EVs, AI, Consolidation Dominate Dealer Strategies For Future Survival [Forbes]

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Forbes
That's the gamut of thought espoused by the head of a large dealer group and two executives at a company that specializes in dealership mergers and acquisitions during last week's Automotive News World Congress in Detroit. The EV divide Sales of battery electric vehicles increased over the past few years, but not nearly at the rate automakers had hoped. But sales spiked over the summer when shoppers ready to make the EV plunge rushed to buy one before $7,500 federal tax credits expire at the end of September. What happens to EV sales after that is subject to debate, but David Hult, CEO of the Duluth, Georgia-based Asbury Automotive Group is skeptical. “The tax credit was a benefit. But accepting, you know, if your average consumer is 40 years old purchasing a vehicle, and this is brand new technology to them, and if they don't own a home and don't have access to charging, there's a lot to be thinking about and how you have to handle that, and then first generation technology Show less Read more
Impact Snapshot
Event Time:
ABG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
ABG alerts

from News Quantified
Opt-in for
ABG alerts

from News Quantified