Make your money go further for just 25p per day

PREMIUM

Auto Trader and Autohome: top picks in a gloomy car industry

13/06/2019 · Auto Trader (AUTO)  · Autohome (ATHM) 

China FTSE 100 Shares UK US

Vauxhall cars in a dealership forecourt

British-based Auto Trader and Nasdaq-listed Chinese group Autohome dominate their respective geographies for online car sales. True, the automotive industry hasn’t been a particularly enjoyable environment in 2019, but both companies are defying the trends. Can their growth continue? We think so. Dealers aren’t likely to abandon their biggest single source of custom in a challenging retail environment.


The apparent end to the current economic cycle is having a particularly tough impact on car makers. In January, the Society of Motor Manufacturers and Traders said 2.36m new cars were registered in the UK in 2018, down 6.8% on the previous year, marking the biggest drop since an 11% fall in 2008. Global figures were just as depressing: passenger car sales fell 4.1% in 2018 largely owing to the first decline in China for several decades.

Car manufacturers are feeling the pressure of this decline. After a raft of bad numbers, many companies are attempting to mitigate the problems by…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Fundamental Asset Management
Buy any of our portfolios with our associates.
 

FIND OUT MORE

More on Auto Trader

Auto Trader and Autohome: top picks in a gloomy car industry

13/06/2019 · Portfolio

British-based Auto Trader and Nasdaq-listed Chinese group Autohome dominate their respective geographies for online car sales.…


More on Autohome

Auto Trader and Autohome: top picks in a gloomy car industry

13/06/2019 · Portfolio

British-based Auto Trader and Nasdaq-listed Chinese group Autohome dominate their respective geographies for online car sales.…


Autohome beats expectations

09/05/2019 · Portfolio

We haven't got much direct exposure to the emerging markets in our Ultimate Stocks portfolio because it…


More Portfolio

Where could Apple fall down?

29/01/2020 · Apple

Look beyond China concerns at Starbucks

29/01/2020 · Starbucks

LVMH: weighing the cost of coronavirus