Day: September 17, 2021

4 Auto Parts Stocks to Buy as New Car Sales Dwindle By StockNews

© Reuters. 4 Auto Parts Stocks to Buy as New Car Sales Dwindle

As the new car market remains under pressure, the auto parts industry is benefiting handsomely from the growing demand for used cars. And because the aftermarket auto parts industry is expected to continue growing amid dwindling new car sales, we think O’Reilly Automotive (NASDAQ:), LKQ Corporation (NASDAQ:), Autoliv (NYSE:), and Dana (DAN) could be ideal bets now. Read on.The sales of new cars have declined as a function of a global semiconductor chip shortage that has hamstrung automobile production. However, the demand for used cars has increased significantly since last year, as people have taken steps to avoid public transportation due to fear of catching COVID-19 . This has caused used car prices to spike. According to the Manheim Used Vehicle Value Index, used car prices are up 18.8% from this time last year.

This bodes well

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Woman wins free car from Antonelli’s Advanced Automotive

GRAND JUNCTION, Colo. (KKCO) – On Thursday, a woman claimed her free car that she won from Antonelli’s Advanced Automotive giveaway.

During the giveaway contest, people will write 150 words or less that explain why a particular person deserves or needs a vehicle.

The woman who won the car is a mom raising three kids, is a nurse and works in-home health care. She received her keys for her Chevrolet Classic at noon.

The company had all services done to the car, and she got complimentary oil changes for two years.

“You know we help people by fixing their cars but this is a little different where you can actually make a difference in somebody’s life, really change their direction. Or like I mentioned before where you can give them a gift that really gives to ten or fifteen people that they’re helping. You can help them, help those people

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