Car sales rebound eases pressure on automotive sector

Cars awaiting export
Cars awaiting export

Motorists returning to car showrooms after lockdown ended drove the first rise in sales of new vehicles this year, with an 11.3pc rise in registrations last month.

Almost 175,000 new cars were purchased in July following a near-total collapse in the market over the previous months as coronavirus put a brake on transactions.

The rise came in the first full month of dealerships being open. Although dealers in England were allowed to reopen their doors from June 1, it was not until later in the month that Scotland and Wales eased lockdown restrictions.

July’s rise is compared with the same month a year ago and follows declines in March, April, May and June of 44.4pc, 97.3pc, 89pc and 34.9pc respectively.

Production of cars in the UK has also fallen to its lowest level since 1954.

The Society of Motor Manufacturers and Traders (SMMT) that collated the

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How Subaru created the blueprint for selling cars to LGBTQI+ consumers

When it comes to projecting our identity to the world, there are few products that do so as powerfully as cars. What we drive can tell the world more about who we are than where we live, where we went to school, or who our parents are. You are what you drive, as they say.

This automotive extension of identity has only gotten more nuanced and intricate as vehicle technology has developed and cars have become more feature rich. Now, it seems that every brand of motor vehicle has a stereotype attached.

It’s a phenomenon automotive marketers have long relied on to sell cars, though. As we cast our eyes back over car marketing history, we see vehicles targeted to the family-focused, speed demons, the young, the old, the adventurous, the safety conscious, lawyers, teachers, architects — and in the case of one Japanese carmaker, lesbians.

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Asbury Automotive, American Woodmark, DR Horton, Kroger and Flagstar Bancorp

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Chicago, IL – July 31, 2020 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

(https://www.zacks.com/stock/news/1026258/the-basics-of-value-investing)

The Basics of Value Investing

Welcome to Episode #199 of the Value Investor Podcast.

Market Edge From Zacks · The Basics of Value Investing

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

With so many new investors, many are confused about what value investing is.

What is it?

And how do you find good value stocks?

The Definition of Value Investing

Value investing is buying cheap stocks. But “cheap” doesn’t mean share price.

Cheapness is usually determined by the

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Is Asbury Automotive Group (ABG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system’s “Value” category. Stocks with both “A” grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Asbury Automotive Group (ABG) is a stock many investors are watching right

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