Autoline

Your daily source for news about the global automotive industry, with host John McElroy.

[Autoline @Autoline]

Rush Enterprises was up 0.7% today, topping the Autoline Retail Stock Index. As analysts discussed its value and growth, 578K traded, $26.7M in value, $5.69B market cap.

[Autoline @Autoline]

Carmax was up 4.2% today, topping the Autoline Retail Stock Index. After strong unit performance and plans for further cost cuts, 1.49M traded, $79.96M in value, $7.64B market cap.

[Autoline @Autoline]

America's Car Mart was up 2.9% today, topping the Autoline Retail Stock Index. Amid Q2 retailer performance review, 72K traded, $77.3K in value, $8.9M market cap.

[Autoline @Autoline]

Instead of relying on @toyota_global for its EV platforms @SUBARU_CORP has started developing its own, which it wants to launch by 2029: https://t.co/BRZcXD4KtM

[Autoline @Autoline]

Carmax was up 1.3% today, topping the Autoline Retail Stock Index. after BofA upgraded the stock, citing price competitiveness, with 1.64M traded, $87.59M in value, $7.57B market cap.

[Autoline @Autoline]

Last year @Carvana sold about 600,000 vehicles, but by 2035 it wants to sell 3 million, which would easily make it the largest dealer group in the U.S. https://t.co/DT9YYvsXDC

[Autoline @Autoline]

Penske Automotive was up 8.8% today, topping the Autoline Retail Stock Index. It moved after agreeing to be taken private, with 3.24M traded, $686.97M in value, $13.92B market cap.

[Autoline @Autoline]

AC Auctions was up 2.4% today, topping the Autoline Retail Stock Index. The company rose after a $1.9B takeover agreement, 1.41M traded, $42.32M in value, $2.67B market cap.

[Autoline @Autoline]

.@BorgWarner saw an opportunity to use some of its high voltage EV tech and apply it to an industrial application. In this case, an electric grid in a box: https://t.co/yZlDC7uqVZ

[Autoline @Autoline]

.@GM says it's open to working with startups at its new battery development center near Detroit: https://t.co/KTTkxEiA4O BIG THANKS to all our sponsors @IntrepidControl @Bridgestone & #CSPcomposites

[Autoline @Autoline]

America's Car Mart was up 11.4% today, topping the Autoline Retail Stock Index. No clear catalyst, likely momentum trading, with 152.4K traded, $224.06K in value, $12.17M market cap.

[Autoline @Autoline]

Sonic was up 0.4% today, topping the Autoline Retail Stock Index. Sturgis rally record sales, with 201.5K traded, $12.25M in value, $1.92B market cap.

[Autoline @Autoline]

We saw reports that Chinese automakers are taking over this year's Paris auto show, but so far the best reveals have come from traditional automakers like @alpinecars @Peugeot @Citroen @alfa_romeo & @Opel Check it out: https://t.co/Duf3FYD3Ua

[Autoline @Autoline]

America's Car Mart was up 8% today, topping the Autoline Retail Stock Index. No clear catalyst, likely short-term trading momentum, with 311K traded, $420.5K in value, $11.26M market cap.

[Autoline @Autoline]

Despite accusations of wrongdoing & opposition from former union presidents, current @UAW president Shawn Fain is likely to be reelected: https://t.co/yeIsJ77YQZ

[Autoline @Autoline]

America's Car Mart was up 11.6% today, topping the Autoline Retail Stock Index. No clear catalyst, likely short-term trading momentum, with 236.6K traded, $295.8K in value, $10.42M market cap.

[Autoline @Autoline]

America's Car Mart was up 4.7% today, topping the Autoline Retail Stock Index. Likely short-term trading momentum, with 588.4K traded, $659.01K in value, $9.34M market cap.

[Autoline @Autoline]

.@Nissan is on pace to have its worst sales performance in the last 23 years: https://t.co/WwjBaE2fk6

[Autoline @Autoline]

America's Car Mart was up 9.2% today, topping the Autoline Retail Stock Index. Likely short-term momentum, 0.25M traded, $0.27M in value, $9.56M market cap.

[Autoline @Autoline]

Copart was up 1.6% today, topping the Autoline Retail Stock Index. Analysts cited growth catalysts and the ACV Auctions deal as 11.33M traded, $313.17M in value, $25.61B market cap.