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Tigress Financial Partners CIO Doesn't Think Chevrolet Bolt Will Draw Consumers Away From Tesla Model 3
Monday, January 12, 2015 - 5:27pm | 201Read More...When asked about the General Motors Company (NYSE: GM) reveal of the Chevrolet Bolt, Tigress Financial Partners Chief Investment Officer Ivan Feinseth told Benzinga that there will be a lot of competitors for the Tesla Motors (NASDAQ: TSLA) Model 3 based on the production runs. He said there...
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Kelley Blue Book Analyst: 'I Wouldn't Call The Chevrolet Bolt A Tesla Killer'
Monday, January 12, 2015 - 4:51pm | 178Read More...After General Motors Company (NYSE: GM) unveiled its new Chevrolet Bolt concept car at the North American International Auto Show, Kelley Blue Book Senior Analyst Alec Gutierrez said he loves the thought of a 200-mile ranged electric vehicle for $30,000. “Stick before tax rebates will be...
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Edmunds.com Analyst: Auto Sales Can't Continue To Grow In This Way
Tuesday, January 6, 2015 - 3:51pm | 537Read More...What sticks out to Edmunds.com analyst Jessica Caldwell about the auto sector is just how strong sales continue to be, she told Benzinga. But she knows that sales can’t continue to grow at this rate. Caldwell explained that sales are at pre-recession rates right now, so there isn’t...
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5 Auto Stories Analysts Are Watching In 2015
Tuesday, January 6, 2015 - 10:00am | 907Read More...Automakers saw another great year for new-car sales in 2014. Full-year sales are expected to come in around 16.5 million vehicles, taking the market back up to pre-recession levels. But now it’s time to look forward to the coming year for the auto sector. On a conference call Monday...
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Cars.com Chief Analyst: Economy, Financing, Interest Rates And New Products Will Keep Showrooms Full In 2015
Monday, January 5, 2015 - 6:01pm | 289Read More...When asked about December auto sales, Cars.com Chief Analyst Jesse Toprak told Benzinga that it was another robust month and a great end to the year. For the last month of the year, Toprak explained that the market saw strong SUV and truck sales. “Low gas prices pushed a lot of...
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Tigress Financial CIO: Auto Industry Is 'Hitting On All Cylinders,' Will See Strong Growth In 2015 And 2016
Monday, January 5, 2015 - 5:28pm | 343Read More...Speaking to Benzinga, Tigress Financial Partners Chief Investment Officer Ivan Feinseth said that the improving economy and decrease in unemployment are all driving the replacement and demand cycle for the new cars. He added that this is the upswing in the auto sales cycle. Implications Of...
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3 Sectors That Benefit From Lower Oil Prices
Monday, January 5, 2015 - 4:52pm | 625Read More...Crude oil prices continued to decline on Monday, taking energy stocks with them. The U.S. shale boom coupled with Gulf producers’ reluctance to cut production has created a growing supply glut that has far outpaced global demand. Still, there are some sectors that could benefit if prices...
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Cars.com Reports 7.3% Increase In Luxury-Brand Vehicle Sales
Wednesday, December 17, 2014 - 11:31am | 203Read More...An improving stock market and rising consumer confidence have both helped a rise in luxury auto sales, according to Cars.com. Cars.com Chief Analyst Jesse Toprak said that the luxury segment is enjoying a particularly strong December. “With the stock market reaching new highs, shoppers...
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Technical Analyst Anne-Marie Baiynd On Tesla: 'It Is In A Natural And Mechanical Retrace'
Tuesday, December 16, 2014 - 4:59pm | 172Read More...Speaking to Benzinga about recent volatility in shares of Tesla Motors Inc (NASDAQ: TSLA), technical analyst Anne-Marie Baiynd said that when stocks roll over, the stocks chop around for a bit before going into support. “The psychology with Tesla is that people always feel left out. So,...
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Kelley Blue Book Analyst On 153% Increase In Tesla Model S Registrations In October: 'It Can Be Tough To Evaluate Tesla's Sales Numbers'
Thursday, December 11, 2014 - 4:04pm | 181Read More...When asked about the 153 percent increase In Tesla Motors Inc (NASDAQ: TSLA) Model S registrations in October, Kelley Blue Book Senior Analyst Karl Brauer told Benzinga that it can be tough to evaluate Tesla’s sales numbers, since they aren’t reported in the same “detailed...
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Cars.com Analyst On 153% Increase In Tesla Model S Registrations In October: 'I Wouldn't Read Too Much Into These High Percentage Changes'
Wednesday, December 10, 2014 - 6:25pm | 149Read More...When asked about the 153 percent year-over-year increase in Tesla Motors Inc (NASDAQ: TSLA) registrations for the month of October, Cars.com Chief Analyst Jesse Toprak told Benzinga that he wouldn’t read too much into high percentage changes. “Year-over-year comparisons for Tesla...
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IHS Automotive Analyst Says Lack Of Tesla Inventory Data Makes It Difficult To Determine Retail Demand For Vehicles
Wednesday, December 10, 2014 - 6:16pm | 118Read More...Speaking to Benzinga, IHS Automotive Analyst Thomas Libby said that while registrations for the Tesla Motors Inc (NASDAQ: TSLA) was up 153 percent year-over-year in October, it’s difficult to determine retail demand for the vehicles. The reason? No dealerships. “In this situation...
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Cars.com Chief Analyst Jesse Toprak New-Vehicle Sales Forecast For 2015: 17.1 Million Units
Tuesday, December 2, 2014 - 4:20pm | 89Read More...Cars.com Chief Analyst Jesse Toprak is expecting new-vehicle sales to reach 17.1 million units for 2015. It will be a decent, but not dramatic increase, according to Toprak. “There is going to be a limit to how much the market can grow,” he said. “It is going to be a healthy...
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Cars.com Chief Analyst Jesse Toprak: December Will Be 'Robust' Month For Auto Sales
Tuesday, December 2, 2014 - 4:08pm | 76Read More...Jesse Toprak, chief analyst for Cars.com, told Benzinga that December will be a “robust” month for new-vehicle sales, especially new-select segments. Toprak explained that this includes luxury vehicles and anything that has the word “large” associated with the name, such...
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Cars.com Chief Analyst Jesse Toprak: Best November For Auto Sales In A Decade
Tuesday, December 2, 2014 - 4:05pm | 166Read More...Speaking to Benzinga on Tuesday, Cars.com Chief Analyst Jesse Toprak said that both a strong stock market and the “perfect storm of conditions” pushing people to dealerships contributed to better-than-expected new-vehicle sales in the auto sector for November. Not only did new-car...
