May 13, 2021

Are Investors Undervaluing Asbury Automotive Group (ABG) Right Now?

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system’s “Value” category. Stocks with “A” grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company value investors might

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LaFontaine Automotive Group acquires Shuman Chrysler-Dodge-Jeep-Ram

DETROIT — LaFontaine Automotive Group, in a deal between two high visibility Detroit area auto dealers, has acquired Shuman Chrysler Dodge Jeep Ram in suburban Detroit.

Terms of the acquisition were not disclosed.

Bob Shuman, CEO and 2013 Detroit auto show chairman, sold the remaining family stake in the company his grandfather founded in 1955.

Shuman said he also has stepped down from his roles at the National Automobile Dealers Association as a board member and 2020 treasurer. He also represented Metro Detroit dealers on the NADA board.

Shuman’s 64 employees at the dealership in Walled Lake, Mich., will remain with the dealership under LaFontaine, which is now called LaFontaine Chrysler Dodge Jeep Ram of Walled Lake, according to a Thursday statement.

However, LaFontaine is moving John Rossi, general sales manager of LaFontaine’s Fenton dealership, to lead the newly acquired Walled Lake store. Joe Zeigler, general manager under Shuman, will

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LaFontaine Automotive Group acquires Shuman Chrysler Dodge Jeep Ram in Walled Lake

LaFontaine Automotive Group has acquired Shuman Chrysler Dodge Jeep Ram in Walled Lake.

Terms of the deal were not disclosed.

Bob Shuman, CEO and 2013 North American International Auto Show chairman, and the remaining family stake is cashed out of the company his grandfather founded in 1955.

Shuman’s 64 employees will remain with the dealership under LaFontaine, which is now called LaFontaine Chrysler Dodge Jeep Ram of Walled Lake, according to a Thursday news release.

However, LaFontaine is moving John Rossi, general sales manager of LaFontaine’s Fenton dealership, to lead the newly acquired Walled Lake store. Joe Zeigler, general manager under Shuman, will remain in some leadership capacity at the dealership, LaFontaine said in an email.

“We look to take that strong, customer-focused foundation and enhance it through our personalized service and ‘Family Deal’ experience we’ve been known for over the last 40 years of business,” Ryan LaFontaine, COO of

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IBI Group Awarded Airport Ground Transportation Management System Contract by the Port …

TORONTO, Sept. 30, 2020 (GLOBE NEWSWIRE) — IBI Group (TSX:IBG), a global design and technology firm, has been awarded a four-year Airport Ground Transportation Management System (GTMS) contract for the Port Authority of New York and New Jersey (PANYNJ). Leveraging IBI Group’s Smart Airport Taxi – Virtual Dispatch System, the cloud-hosted solution will reduce the need for high-volume holding areas for commercial vehicles by automating the dispatch of ground transportation and connecting drivers to ride opportunities via a mobile application. The technology is being implemented at JFK, LaGuardia, and Newark airports, and includes a feature that will provide airport ground transportation operators with data related to the health of drivers and the cleanliness of their vehicles. This contract adds to IBI Group’s Intelligence-sector portfolio and aligns with the firm’s strategic technology-driven direction.

“We’re thrilled to launch this first-generation solution, in partnership with PANYNJ. Our solution provides benefits to airport operators

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LAPRAIRIE Group of Companies grows with the acquisition of two heavy haul transportation companies

ENTREC Alberta Ltd. And Capstan Hauling now part of the LAPRAIRIE Group of Companies

CALGARY, AB, Oct. 1, 2020 /CNW/ – LAPRAIRIE Group of Companies, a Canadian-owned, full-service crane and transportation and logistics company (“LAPRAIRIE“) announces the acquisitions of ENTREC Alberta Ltd. (“ENTREC) and Capstan Hauling (“Capstan“), both divisions of ENTREC Corporation – a crane and specialized transportation solutions provider.

Through the acquisitions, ENTREC and Capstan will become subsidiaries of the LAPRAIRIE Group of Companies and be managed and operated as separate businesses.

“We look forward to the added value that these acquisitions will bring. Through the offering of jack and slide services, additional transport trucks and a modern fleet of platform heavy haul trailers, we will be in a position to offer a one stop solution to existing and new customers in these complimentary industries,” said Scott LaPrairie, President and CEO

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Prime Automotive Group sells 10 stores, settles disputes

Prime in August said it had resolved its disputes with both Toyota and Subaru of New England. The retailer wouldn’t disclose whether the settlements will require Prime and GPB to sell any of its five Toyota or three Subaru of New England dealerships or whether the agreements include appointing Skelton, a former AutoNation Inc. executive, as dealer principal of the stores.

Toyota, Subaru of New England and other automakers pushed for Prime to sell certain stores after GPB fired former Prime CEO David Rosenberg in September 2019.

GPB, an alternative asset management firm, faces numerous investor lawsuits and is the target of federal and state investigations on potential violations of securities law.

Some automakers were upset about Rosenberg’s dismissal and said alleged contract breaches by GPB were grounds for franchise termination.

Toyota, which had extended Prime’s dealer agreements until Aug. 3., and Subaru of New England, the distributor for Subaru

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car

How To Start A Membership, Group Or Organization

Understanding what the fuse does to your car amps and stereo equipment is critical. NASCAR legends Tony Stewart, John Andretti, and Robby Gordon have all pushed the Indy 500 race and the Coke 600 NASCAR race in the same day. People who drive SILVER cars typically seek stability in all areas of their lives. Individuals who drive BLUE care are often loyal and honest, and prefer to blend in rather than stand out in the crowd.

Those who select to drive a PURPLE car are often inventive individuals who’re intuitive, unique and individual, but who also can typically be seen as eccentric. People who select to drive GREEN cars are generally much less concerned with appearances and extra focused upon integrity.

So at this time I’ll clarify you step-by-step on find out how to drive a typical transmission car. In that case, your car dream can characterize that you’ve got … Read More