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Auto Trader Group plc Add to portfolio

LON250:AUTO, May 29, 10:14 UTC

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Wednesday, May 20


News

Van searches double as Alert Level 4 eases restrictions, says AutoTrader

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To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. Van searches double as Alert Level 4 eases restrictions, says AutoTrader. Digital automotive marketplace AutoTrader says it has seen a sharp uptick in the searches for delivery vans as South Africa entered Alert Level 4 of the national lockdown to curb the spread of Covid-19. “We have observed that, since the commencement of Level 4 lockdown, South African search patterns on AutoTrader have changed to suit the economic opportunities,” says CEO George Mienie.

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The Auto Trader share price – where next?

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The Auto Trader (LON:AUTO) share price has risen by 16.5% over the past month and it’s currently trading at 512.4. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. At its current price of 512.4, shares in Auto Trader are trading at a discount of -16.7% to its 52 week high price. The 1-year performance of the shares has been -11.8%. While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable.

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Tuesday, May 12


News

Fiat 500 and Jeep® Wrangler Named Among 10 Best Cars for Recent College Graduates by Autotrader

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"With this in mind, we came up with a list of cars that offer both practical and affordable features recent college graduates should consider if they're buying a car." According to Autotrader: "A Fiat 500 can be a great little city car for college grads with an eye for style. This Fiat is a breeze to drive and park on urban roads thanks to its small footprint." Autotrader's editors on Jeep Wrangler making the list: "The Jeep Wrangler has a well-deserved reputation as an off-road icon. Surveys have shown that it's one of the top dream cars in America and it's more within reach than you might think." About AutotraderAutotrader is the most visited third-party car shopping site, with the most engaged audience of in-market shoppers. As the foremost authority on automotive consumer insights and expert in online and mobile marketing, Autotrader makes the car shopping experience easy and fun for today's empowered consumer looking to find or sell the perfect new, used or Certified Pre-Owned car. About Fiat 500Reminiscent of the original Cinquecento, the Fiat 500 builds on the vehicle's global popularity. Since its initial launch in 2007, more than 1 million Fiat 500 vehicles have been sold in more than 110 countries.

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Monday, May 04


News

Toyota Yaris fastest-selling used car in South Africa, says AutoTrader

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To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. “It is equally useful for consumers when they are buying their next car, as it will give peace of mind that they can sell the car quickly if they need to free up money,” adds Mienie. Yet another Toyota vehicle – the Corolla Quest – is in second place. Interestingly the Toyota Fortuner and the Mercedes-Benz C-Class, which are both regularly featured in the top-selling used-car lists, did not feature in the top 15 of the Used Car Rate of Sale list, taking two more days on average to sell than last car on the list, namely the Toyota Hilux, which sells at a rate of 23 days. Given the fact that AutoTrader is the largest motoring marketplace in South Africa, with an 85% market share, the company believes it serves as a sound industry proxy for automotive markets demand, supply and pricing.

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Autotrader: Some are calling for a revival of the 2009 Cash for Clunkers program that paid up to $4,500 for old cars

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themarketdigest.org BackMarket WatchAutotrader: Some are calling for a revival of the 2009 Cash for Clunkers program that paid up to $4,500 for old carsSearchSections5 May. Earnings Watch: Lyft to address existential questions, while PayPal and Square earnings will shed light on payments amid pandemic. Banks are facing huge credit losses as their customers suffer through the coronavirus pandemic, S&P warnsBreaking News. The federal government gave cash vouchers to owners with old cars if they’d scrap them to buy a new one.Read full story LikeOn the top.

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Friday, April 03


News

March used-car sales provide a glimmer of hope, says AutoTrader

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To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. Abeco Tanks~African Utility Week~AfriSam~Apex Strip Curtains~Arup~Barloworld Logistics~Bearings International~Camasa~Constructional Engineering Association~Corestruc~Cova Advisory & Associates~DEHN Africa~Delta Group~Engen~False Bay TVET College~Fasken~Goscor Group~Husqvarna~IFAT Africa~Integrated Pump Technology~ISG~Jungheinrich~Juwi~Max Output Industries~Metric Automotive ~MiX Telematics~MyBroadband~NCPC (National Cleaner Production Centre)~Pragma~Pyrotec Packmark~Resolve Solution Partners~Rifle-Shot Performance Holdings~SACEEC~Seifsa~Siemens~SKF Group~Skyriders~SMS~SMS group~SRK Consulting~SSG Consulting~Syspro~thyssenkrupp~Traka Africa~UL Southern Africa~Weir Minerals Africa. “But this is far from a doom and gloom story ­­– over 33 000 used cars were sold last month. And the cumulative used-car sales for March are impressive, amounting to over R10-billion, reflecting a year-on-year increase of 14%,” says Minnie. The top 10 brands all increased in search volume month-on-month, with the premium brands boasting a heavy presence.

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Wednesday, April 01


News

Auto Trader plans equity raise to shore up cash

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U.S. Auto Trader plans equity raise to shore up cash. (Reuters) - UK online car marketplace Auto Trader said on Wednesday it would sell up to 46.5 million new shares, worth 5% of its share capital, to institutional investors in a bid to shore up cash during the coronavirus crisis. "This equity raise will allow the group to resume its existing capital return policy at the earliest prudent opportunity," said the company, which has halted share buybacks and remained undecided about 2020 dividends. Before the lockdown in the UK, Auto Trader had allowed auto retailers to advertise their vehicles on its website free of charge throughout April, leading to a record number of cars being displayed on its platform.

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Tuesday, March 31


News

Kia Telluride Named A Best New Car Of 2020 From Autotrader

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Autotrader Proclaims Telluride a "Homerun for Kia" - Telluride lauded for powerful exterior design and premium, well-appointed interior. The honor is just the latest accolade for Kia's bold and boxy SUV, which continues to earn acclaim for segment leadership, innovation, design, safety, driver satisfaction and overall value. "Telluride being named a Best New Car of 2020 is a reflection of Kia's commitment to both the driver and passenger experience," said Michael Cole, president, Kia Motors America. "The Kia Telluride is the best three-row SUV you can get right now. In every aspect, they got it just right – space, looks, equipment, technology, comfort – it's all there," said Brian Moody, executive editor for Autotrader. "A real high-point is the interior.

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Thursday, March 26


News

Autotrader® Names Hyundai Palisade SUV and Sonata Among Its Best New Cars for 2020

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The Palisade SUV was recognized by Autotrader for "striking the perfect balance between an affordable volume car and a premium luxury car. Hyundai has stepped up its game big time, emerging as a modern automaker delivering style, features, and value, all in one attractive package." Further, the Hyundai Sonata was also recognized by Autotrader for making "a strong case as a class leader in a competitive segment. Its redesign brought with it a stunning new look, a roomy, premium interior, and a generous list of standard features, plus some interesting available tech in the higher trims." "The new Palisade and Sonata were carefully tailored to the needs of American buyers in their respective segments and have been well-received by both top media and consumers alike. This important recognition by Autotrader further confirms the strong appeal of these new Hyundai models in the marketplace." Every vehicle Autotrader listed as a Best New Car for 2020 has 'that certain something' that makes it stand out in a very crowded field." Each winning car had to score an overall 3.9 or higher on the editors' 5-point evaluation sheet. For more details about Autotrader's Best New Cars for 2020, including full editorial commentary, pricing information and more, visit https://www.autotrader.com/best-cars/12-best-new-cars-2020-281474979998703.

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2020 Subaru Outback Named To Autotrader Best New Cars For 2020

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The 2020 Subaru Outback delivers the optimal blend of SUV capability and car-like ride and handling with standard Subaru Symmetrical All-Wheel Drive, Active Torque Vectoring, Vehicle Dynamics Control and X-MODE with Hill Descent Control. The legendary SUV offers an all-new tablet-style 11.6-inch SUBARU STARLINK Multimedia systems with integrated center information display; DriverFocus™ Distraction Mitigation System; new Hands-Free Rear Power Gate; and new XT models with 260 horsepower. For the first time in Outback, available in-vehicle Wi-Fi hotspot provides smooth internet access via high-speed LTE™ communications. All 2020 Subaru Outback models are equipped with EyeSight Driver Assist Technology that now features Advanced Adaptive Cruise Control with Lane Centering Function; EyeSight Assist Monitor that offers a head-up display with EyeSight warnings and system status on the windshield; LED headlights (low & high beam) with High Beam Assist; and roof rails with tie down points and integrated crossbars. "Our goal for the all-new Outback was to create a family vehicle that exemplified Subaru's highest standards of safety, capability, comfort and value," said Thomas J. Doll, President and Chief Executive Officer, Subaru of America, Inc. "Earning a spot on Autotrader's list of Best New Cars for 2020 is an honor."

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