Truist analyst Scot Ciccarelli raised the firm’s price target on Advance Auto Parts (AAP) to $59 from $50 and keeps a Hold ...
Tariffs on cars, parts, and metals have topped $10.6 billion — and automakers say they can’t absorb it forever. Expect higher ...
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...
Reuters reports that a collection of auto industry groups sent a letter Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer urging the ...
The cost of vehicle repairs is outpacing inflation, rising nearly 10-percent this year. Judy Johnston’s car has an oil leak, ...
Advance Auto Parts plans to open five new stores on Long Island this year, as high prices for new and used cars spur more consumers to maintain the vehicles they have instead of replacing them, the ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
(CNN) — American car buyers braced for the worst when President Donald Trump’s auto tariffs started taking effect in April. But so far, prices are little changed. However, industry experts don’t ...
Advance Auto Parts, Inc. AAP reported worse-than-expected first-quarter financial results. The company also reduced its full-year guidance and decided to reduce its quarterly dividend. AAP reported ...
Experts say the 25 percent import fee will make many cars more expensive, but it is not clear when, by how much or which models. By Neal E. Boudette There is no doubt the tariffs that President Trump ...
If you’re buying a new car, you’re probably wondering how uncertainty around tariffs will affect prices. You’re not alone. The entire auto industry is working through the White House’s recent ...
DA Davidson lowered the firm’s price target on Advance Auto Parts (AAP) to $55 from $63 and keeps a Neutral rating on the ...