Livewire Article – Pile-Up! What is Wrong with Domestic Automotive Stocks?

30 May 2017

Automotive Holdings (ASX:AHG) issued a downgraded earnings report this week, joining fellow automotive retailers AP Eagers (ASX:APE), Automotive Solutions (ASX:4WD) and Super Retail Group (ASX:SUL), all of which have all guided expectations down in the just past month. With this cohort experiencing an average price fall of over 25% in the past four weeks alone, investors should be asking themselves if the era of the automobile (and auto related investment) is coming to an end.

Full article: here