The Average Age Of Cars Keeps Rising But People Can't Afford Maintenance [zero hedge]
Genuine Parts Company (GPC)
Last genuine parts company earnings: 2/19 08:40 am
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US:NYSE Investor Relations:
genuineparts.investorroom.com
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Source: zero hedge
The Average Age Of Cars Keeps Rising But People Can't Afford Maintenance By Mish Shedlock of MishTalk The good news is cars last longer, assuming you take care of them. But eventually, maintenance gets expensive. Average Age of Cars Keeps Rising The Wall Street Journal reports Americans’ Cars Keep Getting Older—and Creakier There have never been as many on the road—around 290 million light vehicles—and they have never been so old. One reason for that is good news: They are better made. Getting the odometer past 100,000 miles has gone from being noteworthy to normal. Thirty years ago the average passenger car was about 8.4 years old and today that is 13.6 years. Less good: Pinched by inflation, higher interest rates and supply-chain woes, Americans just haven’t been buying as many new vehicles lately. The four-year rolling average of annualized sales is about 15.5 million, according to the Bureau of Economic Analysis. On the eve of the Covid-19 pandemic it was 17.7 million. In late May
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GPC
News
- ATTENTION GPC SHAREHOLDERS: Investors who lost money on Genuine Parts Company are urged to contact Levi & Korsinsky about an ongoing investigationAccesswire
- Levi & Korsinsky Reminds Genuine Parts Company Investors of the Ongoing Investigation into Potential Violations of Securities Laws - GPCAccesswire
- Levi & Korsinsky Reminds Shareholders of an Investigation into Genuine Parts Company (GPC) Regarding Potential Securities Fraud AllegationsAccesswire
- Did Genuine Parts Company Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - GPCAccesswire
- Levi & Korsinsky Announces an Investigation on Behalf of Genuine Parts Company (GPC) Shareholders Who May Have Been Affected by FraudAccesswire
GPC
Earnings
- 10/22/24 - Miss
GPC
Sec Filings
- 12/13/24 - Form 144
- 12/13/24 - Form 4
- 11/19/24 - Form 8-K
- GPC's page on the SEC website