advance auto parts posted a 22 percent increase in first-quarter profit thursday as sales improved and expenses fell. but the results were short of wall street expectations and shares tumbled.
auto sales buoy economy
car sales that are running at the fastest pace in four years are poised to reverberate through the world's largest economy as a spillover into production, profits and jobs for americans may be starting.
zhengtong auto postpones bond as yields soar by most in 25 weeks
china zhengtong auto services holdings ltd. (1728) , a chinese luxury auto dealer, postponed a planned sale of dollar-denominated bonds as yields on chinese debt in the u.s. currency surged this week by the most since november.
detroit auto insurance cost problem
since the michigan catastrophic claims association (mcca) announced its latest proposed rate hike, there's been a lot of news coverage about the cost of michigan auto insurance. the news has also compared why it costs so much more to have auto insurance in cities like detroit than it does in other areas in michigan. ther is something "rotten in denmark" here, and much of the news coverage i...
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