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AutoZone Tops Views As Weather, Gas Prices Help
2015-03-03 18:31:39| Auto Parts - Topix.net
AutoZone shares climbed as high as 674.84, a new all-time best, but pared gains to 1.6% at 660.17 in late morning trade. Reporting before the open Tuesday, the Memphis, Tenn.-based company posted earnings of $6.51 a share for its fiscal second quarter, which ended in February.
Gas prices are on the rise
2015-03-03 03:35:45| Oil & Gas - Topix.net
The average retail gas price in Fort Wayne rose 3.9 cents last week, averaging $2.41 a gallon from a survey of 201 area gas stations.
Says lower gas prices are no reason to back away from efficient vehicles
2015-03-02 23:32:10| Automakers - Topix.net
The CEO of Volkswagen AG is staying with his cautious outlook for this year, saying it's a "balanced assessment" of growth in the U.S. and China versus trouble spots such as Russia and Brazil. Martin Winterkorn told The Associated Press that "I think it's quite a good assessment, as usual we at Volkswagen do not want to lose touch with reality despite all the successes."
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Study: Effects of gas prices on used auto buying
2015-03-02 16:18:10| Auto Dealers - Topix.net
A new study of 27 million used vehicle sales from the past two years examined links between gas prices and car buying habits, finding that shoppers aren't oblivious. The report, from automotive research website iSeeCars.com , found moderate links between sales of used trucks and passenger cars at periods when gas prices were lower from 2012 to 2014.
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Falling gas prices don't always influence car buyers' choices, studies hint
2015-02-28 08:23:12| Auto Dealers - Topix.net
When gas prices go down, sales of electric vehicles go down too, right? And by the same token, you'd think that lower gasoline prices must mean increased sales of gas guzzlers and decreased sales of electric vehicles and hybrids. But that's not the case, new studies show: Electric-vehicle sales, and sales of high-gas-mileage cars, continue to hold steady, while the current increase in sales of light trucks began before gas prices started to fall.
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