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CarGurus Report Finds Consumer Demand for Affordability and Fuel Efficiency Shaping Today's Auto Market
Globenewswire· 2025-06-17 13:00
Core Insights - The 2025 Mid-Year Auto Market Review by CarGurus highlights the influence of tariffs, inventory dynamics, and consumer preferences on vehicle supply, pricing, and demand [1][2] Group 1: Market Dynamics - The auto market has experienced significant shifts in consumer behavior due to policy changes and economic uncertainty, leading to increased demand for affordability and efficiency [2] - New vehicle sales surged by 48% year-over-year following the March tariff announcement, although demand has since normalized [4] - Listings for new cars priced under $30,000 have decreased by 15% since late March, with compact and crossover models seeing the largest declines [4] Group 2: Pricing Trends - The average price of new vehicles remains stable at approximately $49,600, despite over 60% of listings being post-tariff inventory [4] - Luxury SUVs have seen significant price increases since the tariffs were implemented, while electric vehicles have experienced the largest price decreases [4] Group 3: Inventory Insights - Aged new car inventory is at levels not seen since 2020, with over 7% of listings being 2024 or older, providing opportunities for deals on pre-tariff inventory [4] - The supply of used cars has reached multi-year highs, but 3- to 4-year-old models remain scarce and are priced at a premium due to pandemic-related production disruptions [4] Group 4: Consumer Preferences - Fuel-efficient models, including hybrids, EVs, and compacts, are leading in demand, with hybrids showing a 43% increase in retail sales compared to 2024 [4] - Average list prices for new hybrids have decreased by about $1,400 year-over-year, making them attractive to value-conscious buyers [4]
Croissance & Effondrement | Théo Phulpin | TEDxMines Paris
TEDx Talks· 2025-06-16 15:08
Croissance et effondrement, un sujet sur lequel vous avez peut-être aucune connaissance, mais vous inquiétez pas, moi non plus, je n'ai aucune connaissance sur ce sujet. À vrai dire, et pour être totalement transparent avec vous, on m'a appelé ce matin et on m'a dit "Oui, est-ce que tu pourrais venir ce soir aux mines de Paris à 18h ? Il y a eu un petit désistement et on aimerait que tu parles d'un sujet sérieux à savoir croissance et effondrement devant des gens sérieux. 300 personnes. Donc quand même ce s ...
General Catalyst CEO: An AI driven power crisis lurks
Yahoo Finance· 2025-06-16 13:38
Welcome to a new episode of Yahoo Finance's opening bid podcast. I'm Yahoo Finance executive editor Brian Sazy. Like I always say, this the podcast that will make you a smarter investor, period.And I want to change it up for this episode. I've spent so much time uh over the past few months talking about AI in the enterprise. Or in other words, AI spreading throughout corporate America, mostly through agents unlocking all sorts of productivity and costing jobs.I want to focus on AI for good and a lot of thin ...
Kratos Expands U.S. Jet Engine Production Footprint with New Advanced Manufacturing Facility, Test Cells in Bristow, Oklahoma
Globenewswire· 2025-06-16 07:00
Core Viewpoint - Kratos Defense & Security Solutions, Inc. is set to establish a new advanced manufacturing facility in Bristow, Oklahoma, focusing on the production of its GEK family of turbojet engines, particularly the GEK800, with plans for significant expansion and job creation [1][5][6]. Company Overview - Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) specializes in technology, products, systems, and software for defense, national security, and commercial markets [7]. - The company emphasizes affordability and rapid development of solutions to meet mission-critical needs [8]. Facility Details - The new facility will cover 50,000 square feet on a 20-acre site, with plans to expand to 100,000 square feet and accommodate up to five production lines for GEK engines, aiming for an initial output of 500 engines annually [1][3]. - The facility will include three small engine test cells, operational by 2027, supported by grant funding from the State of Oklahoma [4]. Job Creation and Economic Impact - The initial engine line is projected to create 60 high-quality jobs, with recruitment starting in late 2025 and general hiring in Q1 2026; each additional production line is expected to add approximately 45 new jobs [4]. - Local and state officials highlight the facility's significance for American workers and national defense, reinforcing Oklahoma's role as a hub for innovative defense technology [6]. Strategic Importance - The facility aligns with Kratos' strategy to deliver high-performance, cost-effective propulsion systems to meet the growing demands of defense customers [5][6]. - The investment reflects a commitment to strengthening America's industrial base and supporting the Department of Defense and allied forces [6].
3 things that are making buying a home really hard
Yahoo Finance· 2025-06-13 23:40
While mortgage rates hold steady for another week, affordability does rem remain a pain point in the housing market. Our next guest pointing to a mixed picture in leading indicators for demand. That's Jim Egan, Morgan Stanley, US housing strategist and co-head of securitized products research.Jim's here with me in the studio. Thanks for being here. Thank you for having me.So given that we have not seen that much movement on rates and notably not that much relief on rates, do we remain in this sort of stuck ...
Sen. Shelley Moore Capito: Not expecting any 'radical' changes to GOP reconciliation bill
CNBC Television· 2025-06-12 12:31
The Senate continues to work on changes to the House passed reconciliation bill with their looming July 4th deadline. Joining us right now with the latest is Senator Shelley Moore Capo. She is the Republican Policy Committee chair.And um Senator, thank you for being with us. Let's talk a little bit about where things stand because we we've heard from many of your colleagues who have had issues with this bill as it stands and want to change things. What what's the latest.Well, we always knew when the House p ...
Steve Rattner: Tariff effects yet to come, but economists and consumers expect prices to rise
MSNBC· 2025-06-12 11:13
former Treasury official and Morning Joe economic analyst Steve Ratner. Steve, there has indeed been plenty of speculation about how Trump's tariffs will impact the country. So tell us, how does the economy look almost 5 months into Trump's second term.Yeah, it's interesting, Jonathan. I think uh all of us predicted that inflation would start to go up as a result of those tariffs, but yesterday there was a report that in fact it has really not yet gone up, or at least not yet gone up. So the commerce depart ...
He would turn over the state to Trump: New Jersey Democrat issues warning about opponent
MSNBC· 2025-06-11 13:35
is about people, not politics. It's about vision, not division. We won because of our positive energy. We won because we talked about the issues that matter, the critical issues facing our state and my plan for a safer, more prosperous, and affordable New Jersey. A state like this is not going to be led by a Trump lackey like Jack Chidarelli. I am ready to shake up the status quo and Jack is the status quo. Democratic Congresswoman Mikey Cheryl and Republican Jack Chidarelli have won their party's primaries ...
Amneal Pharmaceuticals (AMRX) FY Conference Transcript
2025-06-10 15:40
Amneal Pharmaceuticals (AMRX) FY Conference June 10, 2025 10:40 AM ET Speaker0 Okay. Great. Well, thank you everyone for joining us today. My name is Matt Delatorre, and I'm the generics pharma analyst here at GS. And we're we're very pleased to have Amneal Pharmaceuticals with us for this session with Sharag Patel, cofounder and co CEO, and Tassos Konidaris, the chief financial officer. Great. So maybe maybe just to get started, you know, how about just level set us on where Amneal is headed from kind of a ...