Tag: best car deals

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

By Didi on
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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General Motors Stock (NYSE:GM): Supercharging the Auto Race with New Deals

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General Motors (NYSE:GM), one of the world’s oldest and largest automakers, is supercharging the automotive race with newer partnerships and investments. Yesterday, GM announced a pact with rival electric vehicle (EV) maker Tesla (NASDAQ:TSLA) that would allow GM EV drivers to use Tesla’s supercharger network. At the same time, GM announced an investment of over $500 million in the Texas plant to produce next-gen internal combustion engines (ICE)-based full-size sport utility vehicles (SUVs). Following the news, GM stock rose more than 3.8% in extended trading on June 8. GM Leverages Tesla’s Superchargers General Motors CEO Mary Barra and Tesla CEO…
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The Most Discounted New Cars Right Now

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Most months there are a few models that are given an extra push with incentives tied to supply and/or a coming redesign. Automakers and dealerships need to make room for new vehicles. These days there’s plenty of room, but some models are still more popular than others. Transaction prices remain elevated for most vehicles, though, and the amount you can save varies greatly by model and even trim. It might seem surprising, but there are many vehicles that are selling for close to the manufacturer’s suggested retail price. Supply and demand still rule the day. For this list, we focused…
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Why Are HUMMER EVs So Hard To Find?

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With the first four months of 2023 behind us, automakers like General Motors have announced their Q1 2023 sales figures. For GMs, there’s a lot of good news. Sales for Chevrolet, Cadillac, Buick, and GMC are all up. As a whole, GM’s first-quarter sales in the US were up 17.6% compared to last year. Get past the good news you’ll notice something strange with the figures. GMC reported that it only delivered two Hummer EV Pickup trucks.TFLtruck first spotted the odds earlier this month. It might seem like an April Fool’s joke, but automakers rarely kid around when it…
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Car dealership retail tech still draws investor interest

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Retail auto technology startups can count at least one thing in the months ahead, according to Daniel Hoffer: Venture capitalists are still pursuing investments and making deals. That’s worth noting in the wake of the recent failure of Silicon Valley Bank, which used to support much of the innovation industry. Inflation and rising interest rates already had made access to capital more difficult, and some predict SVB’s collapse will make things worse. But Hoffer, a managing director of Autotech Ventures in Menlo Park, Calif., insists venture capitalist investment continues to be business as usual. “Neither auto tech nor any VCs…
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These Are The Best Black Friday New-Car Deals On 2022 And 2023 Models

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The best Black Friday deals this year come with low-interest financing as low as zero percent. getty Although the frenzied chaos of Black Friday early bird shopping has tempered somewhat in recent years, the weekend after Thanksgiving remains one of the busiest and most bargain-packed periods of the year for retailers. It’s no exception with the new-car business, except that this year, especially given razor-thin dealer inventories and sky-high prices that have plagued the business in recent months, the slam dunk year-end clearance deals have all but dried up. What’s more, manufacturers’ cash rebates are considerably lower and in shorter…
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