AutoNation Says Consumer Health is Improving

Dow Jones
07/31

1029 ET - AutoNation's customers are still facing challenges but their financial health is improving, executives tell analysts on a call. The executives say consumers are able to afford more expensive vehicles based on the difference in average price incentives compared with before the Covid-19 pandemic. The company's banking partners are reporting a 20% increase in car loan applications and originations, while delinquencies are improving, Chief Executive Mike Manley says. Within its used-vehicle business, AutoNation saw particular strength in sales of cars priced over $40,000, Manley says.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10