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Stock impact report

3 Auto Stocks to Capitalize on Aging U.S. Vehicles [Yahoo! Finance]

Rush Enterprises, Inc. - Class A (RUSHA) 
Last rush enterprises, inc. - class a earnings: 4/22 05:43 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This marks the seventh consecutive year of rising average vehicle age in the United States. With vehicles aging, the demand for repairs and maintenance rises, creating more opportunities for companies involved in the aftermarket and vehicle service industries. Dorman Products DORM, Rush Enterprises RUSHA and Genuine Parts GPC stand out as potential additions to your portfolio. Before discussing these companies, let's explore the factors behind vehicle longevity and key takeaways from the S&P Global Mobility report. What's Driving the Vehicle Age? For starters, advancements in technology have improved vehicle quality, allowing cars to last longer. Additionally, the high cost of new vehicles is a significant factor. The average selling price of a new vehicle in the United States was more than $45,000 last month. Despite a decrease of more than $2,000 from the peak in December 2022, prices remain high, causing many consumers to delay new purchases and extend the lifespan of their Show less Read more
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