Tag: best car deals

Quite a few insiders invested in RPM Automotive Group Limited (ASX:RPM) last year which is positive news for shareholdersQuite a few insiders invested in RPM Automotive Group Limited (ASX:RPM) last year which is positive news for shareholders

August 8, 2024August 8, 2024| 9:15 am

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in RPM Automotive Group Limited’s (ASX:RPM) instance, it’s good news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to completely ignore insider transactions. See our latest analysis for RPM Automotive Group RPM Automotive Group Insider Transactions Over The Last Year There wasn’t any very large single transaction over the last year, but we can still observe some trading. In the last twelve months insiders purchased 313.85k… [...]

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Is The Kia K5 Being Discontinued?Is The Kia K5 Being Discontinued?

June 13, 2023June 13, 2023| 6:16 am

American automakers aren’t the only ones looking to drop sedans in favor of SUVs. While Ford and Chevrolet were two of the first to move away from the sedan body style, it looks like other automakers may follow suit. Kia officially announced plans to discontinue the Stinger after the 2023 model year and a new report indicates that the K5 could share the same fate. Last May, Automotive News it was reported that Hyundai Motor Group, which includes Hyundai and Kia, was looking to trim down its lineup of sedans. The outlet claimed that Kia would drop the [...]

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There Are New Car Deals to Be Had This Memorial DayThere Are New Car Deals to Be Had This Memorial Day

June 1, 2023June 1, 2023| 5:24 am

For the past few years, new-car prices have obviously been climbing, so it’s nice to learn that there are some traditional Memorial Day deals out there this year. With the pandemic fading away and the related supply-chain problems sorting themselves out, we’re back to perks like low financing offers and factory discounts. The best deals available knock around 10 percent off the price of the car but don’t expect that sort of sale on everything on the lot. For years, Memorial Day has been on the rotation for holidays that often come with deals at local car dealerships. It’s the… [...]

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US auto parts supplier signs deal to buy Quebec’s Uni-Select in $2.8-billion dealUS auto parts supplier signs deal to buy Quebec’s Uni-Select in $2.8-billion deal

May 12, 2023May 12, 2023| 3:53 am

LKQ Corp. has signed a deal to buy Quebec-based Uni-Select Inc. in a roughly $2.8-billion deal that aims to boost the US automotive equipment supplier’s aftermarket business amid a thriving market. Under the agreement, LKQ will pay $48 per Uni-Select share in cash for the aftermarket auto parts distributor. The purchase marks a 19.2 per cent premium over the $40.28 closing price of Uni-Select shares on the Toronto Stock Exchange on Friday. The transaction, which needs shareholder approval, also requires antitrust clearances in Canada, the US and the UK and approval under the Investment Canada Act. LKQ chief executive Dominick… [...]

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Stellantis customers seek longer-term financing and leasing dealsStellantis customers seek longer-term financing and leasing deals

April 16, 2023April 16, 2023| 1:00 am

MILAN — Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the automaker’s head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. “This allows customers to get a car for a monthly installation that is similar to that they had before,” he said. The automaker announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created… [...]

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