Tag: automotive repair

Rapid Growth of Global Automotive Collision Repair MarketRapid Growth of Global Automotive Collision Repair Market

July 15, 2023July 15, 2023| 3:26 am

Dublin, July 12, 2023 (GLOBE NEWSWIRE) — The “Automotive Collision Repair Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offers. According to the report, the global automotive collision repair market grew from $196.41 billion in 2022 to $206.35 billion in 2023, representing a compound annual growth rate (CAGR) of 5.1%. The market is expected to reach $235.21 billion by 2027, with a CAGR of 3.3% during the forecast period. The global automotive collision repair market is witnessing steady growth, driven by factors such as increasing automobile subscriptions and the adoption of advanced technologies. A comprehensive market analysis [...]

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Benchmark Trims Sonic Automotive (NYSE:SAH) Target Price to $58.00Benchmark Trims Sonic Automotive (NYSE:SAH) Target Price to $58.00

May 3, 2023May 3, 2023| 7:49 am

Sonic Automotive (NYSE:SAH – Get Rating) had its price target lowered by investment analysts at Benchmark from $71.00 to $58.00 in a report released on Monday, The Fly reports. Benchmark’s price target would indicate a potential upside of 33.61% from the company’s previous close. Several other analysts have also issued reports on SAH. JPMorgan Chase & Co. lowered shares of Sonic Automotive from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $60.00 to $55.00 in a research report on Tuesday, February 21st. StockNews.com began coverage on shares of Sonic [...]

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Hyundai Motor Reports Record-Breaking March and Q1 2023 SalesHyundai Motor Reports Record-Breaking March and Q1 2023 Sales

April 4, 2023April 4, 2023| 10:08 am

Hyundai Motor America reported total March sales of 75,404 units, a 27% increase compared to March 2022 and the best March in Hyundai history. This was the fifth consecutive month with a total monthly sales record, led by Venue (+74%), Elantra HEV (+37%), Tucson HEV (+52%), and Kona N (+5%). March was an all-time best-ever retail and total sales record for Santa Cruz (+30%) and Santa Fe HEV (+123%). Hyundai fleet sales were 9.4% of the total volume for the month. “March 2023 will be a month to remember and a great way to finish the quarter with our fifth… [...]

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