Latest news with #Cars.com
NBC News
6 days ago
- Automotive
- NBC News
Jeep reveals new Cherokee SUV, confirms hybrid model
DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand's turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs. 'The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before,' Jeep CEO Bob Broderdorf said in a statement. 'Jeep Cherokee will boast competitive pricing that strikes at the core of the largest vehicle segment and sits perfectly between Jeep Compass and Jeep Grand Cherokee to bolster our winning mainstream lineup.' Affordability has been a problem for Jeep sales amid price increases in recent years. An entry-level model of the Cherokee started around $30,000 for the 2022 model year, according to That is close to the current Jeep Compass at about $27,000. The 2025 Grand Cherokee starts at roughly $36,500. The company declined to release other details of the vehicle, including its production location. Analysts and union officials have said the new SUV is expected to be produced at a plant in Mexico — a decision that was made prior to President Donald Trump 's election and ongoing automotive tariffs of 25% on imported vehicles into the U.S. The last generation of the Cherokee was produced at a plant in Illinois, which has been idled since the vehicles was discontinued in early 2023 amid cost-cutting efforts and production realignments. The cancellation of the Cherokee and a smaller SUV called the Renegade after the 2023 model-year contributed to ongoing sales declines for the brand. Jeep, a coveted brand in the automotive industry, has reported six consecutive years of U.S. annual sales declines, with a 10% decline through the first quarter of this year. The SUV brand is expected to be a priority for , who was leading Jeep's turnaround before being promoted last year to lead the company's Americas region.
CNBC
6 days ago
- Automotive
- CNBC
Jeep reveals new Cherokee SUV, confirms hybrid model
DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand's turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs. "The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before," Jeep CEO Bob Broderdorf said in a statement. "Jeep Cherokee will boast competitive pricing that strikes at the core of the largest vehicle segment and sits perfectly between Jeep Compass and Jeep Grand Cherokee to bolster our winning mainstream lineup." Affordability has been a problem for Jeep sales amid price increases in recent years. An entry-level model of the Cherokee started around $30,000 for the 2022 model year, according to That is close to the current Jeep Compass at about $27,000. The 2025 Grand Cherokee starts at roughly $36,500. The company declined to release other details of the vehicle, including its production location. Analysts and union officials have said the new SUV is expected to be produced at a plant in Mexico — a decision that was made prior to President Donald Trump's election and ongoing automotive tariffs of 25% on imported vehicles into the U.S. The last generation of the Cherokee was produced at a plant in Illinois, which has been idled since the vehicles was discontinued in early 2023 amid cost-cutting efforts and production realignments. The cancellation of the Cherokee and a smaller SUV called the Renegade after the 2023 model-year contributed to ongoing sales declines for the brand. Jeep, a coveted brand in the automotive industry, has reported six consecutive years of U.S. annual sales declines, with a 10% decline through the first quarter of this year. The SUV brand is expected to be a priority for incoming Stellantis CEO Antonio Filosa, who was leading Jeep's turnaround before being promoted last year to lead the company's Americas region.
Yahoo
20-05-2025
- Automotive
- Yahoo
2 Russell 2000 Stocks with Solid Fundamentals and 1 to Turn Down
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses. Navigating this part of the market can be tricky, which is why we built StockStory to help you separate the winners from the laggards. Keeping that in mind, here are two Russell 2000 stocks that could deliver strong gains and one best left off your watchlist. Market Cap: $688.6 million Originally started as a joint venture between several media companies including The Washington Post and The New York Times, (NYSE:CARS) is a digital marketplace that connects new and used car buyers and sellers. Why Does CARS Worry Us? Likely needs to improve its platform or increase its marketing budget for penetration to accelerate as its dealer customers were flat over the last two years Estimated sales growth of 1.5% for the next 12 months implies demand will slow from its three-year trend Earnings growth underperformed the sector average over the last three years as its EPS grew by just 1.9% annually is trading at $10.87 per share, or 3.2x forward EV/EBITDA. If you're considering CARS for your portfolio, see our FREE research report to learn more. Market Cap: $3.45 billion Initially in the defense industry, Griffon (NYSE:GFF) is a now diversified company specializing in home improvement, professional equipment, and building products. Why Does GFF Stand Out? Operating profits and efficiency rose over the last five years as it benefited from some fixed cost leverage Incremental sales significantly boosted profitability as its annual earnings per share growth of 32.6% over the last five years outstripped its revenue performance Free cash flow margin grew by 10 percentage points over the last five years, giving the company more chips to play with At $73.01 per share, Griffon trades at 12.2x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. Market Cap: $4.74 billion A developer of the communication systems used in the Batmobile of 'The Dark Knight,' ESCO (NYSE:ESE) is a provider of engineered components for the aerospace, defense, and utility sectors. Why Does ESE Catch Our Eye? Exciting sales outlook for the upcoming 12 months calls for 18.2% growth, an acceleration from its two-year trend Operating profits increased over the last five years as the company gained some leverage on its fixed costs and became more efficient Earnings per share grew by 20.7% annually over the last two years and trumped its peers ESCO's stock price of $183.34 implies a valuation ratio of 29.6x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Automotive
- Yahoo
Marbanc International to Acquire Cars.net Automotive Research Platform
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- New York Global investment firm Marbanc International has entered into a 30-day exclusive due diligence period to acquire automotive research platform was launched in 2021 and helps consumers obtain the best prices for new vehicles whilst simultaneously introducing qualified buyers to automotive dealerships across the United States. The proposed acquisition includes the software, database, intellectual property and coveted domain name. Marbanc International plans to expand globally via joint venture partners in the automotive industry, with a focus in United States, United Kingdom and Australia. The group has already forged relationships with experienced automotive industry professionals who have expressed interest in formalizing commercial arrangements with Industry giant the NYSE-listed automotive company, is widely recognized as owning the world's most valuable domain name ( which in 2016 was valued at US$872 million according to regulatory filings. The domain name valuation is consistent with the growth in high-value domain names in recent years including which last sold for $49.7 million, for $30.18 million and for $30 million. Meanwhile, ASX-listed CAR Group Limited, owner of and other online portals, currently trades at a market capitalization of A$13 billion demonstrating the value of technology and data-driven automotive platforms. The transaction is expected to complete in June 2025. Contact: Gerard SivaprasadEmail: admin@ +61 1300 638 060 Photos accompanying this announcement are available at:
Yahoo
14-05-2025
- Automotive
- Yahoo
Cars.com First Quarter 2025 Earnings: EPS Misses Expectations
Revenue: US$179.0m (flat on 1Q 2024). Net loss: US$2.01m (down by 357% from US$784.0k profit in 1Q 2024). US$0.031 loss per share (down from US$0.012 profit in 1Q 2024). Our free stock report includes 3 warning signs investors should be aware of before investing in Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Performance of the American Interactive Media and Services industry. The company's share price is broadly unchanged from a week ago. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for (1 is potentially serious) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
