January 19, 2021

Strength

The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (CDN Newswire via Comtex) —
Global Automotive High Strength Steel Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 contains point by point data which enlarge understanding, scope, and application of this market. The report provides an in-depth analysis of industry- and economy-wide database that could offer development and profitability for players in this global Automotive High Strength Steel market. The report divided by producers, regions, applications, and types provides information based on portfolio, applications, cost, producing processes. The report covers market trends, future advancement extension, and industry growth analysis. It presents analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period (2020-2025). Then perspective on specific organizations, associations, manufacturers, industries, companies, and suppliers that are working to expand their business worldwide has been offered. Analysis of important industry trends, market size, market share estimates is mentioned in the report.

This Report Includes The Following Deliverable:

The report features market sectioning depending on the product, application, geographical region, competitive market share. Market size approximates, forecasts for the said frame of time has been estimated. Another important aspect of every market research report is the study of the key players or manufacturers driving the market forward. The report analyzes crucial market manufacturers, trends, company profiles, strategies, etc. The research study analyzes the global Automotive High Strength Steel market development across various geographies.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

DOWNLOAD FREE SAMPLE REPORT:https://www.marketquest.biz/sample-request/30571

An outline of the manufacturers’ active in the global market, consisting of Arcelor Mittal, Ansteel, United States Steel Corporation, SSAB, Baowu Group, POSCO, ThyssenKrupp, Voestalpine

On the basis of the product, the market has been classified into: Conventional HSS, AHSS

Based on the application, the market has been categorized into: Commercial Vehicle, Passenger Vehicle

By regions, this report splits the global Automotive High Strength Steel market into several key regions, with sales, revenue, price and gross margin market share of top players in these regions, from 2020 to 2025 (forecast), like: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Furthermore, the report finalizes overall market sizes by analyzing the supply-side data, which includes product developments, supply chain, and annual revenues of companies in the market. Then the report explains the structure of the market along with its varied segments and sub-segments. It also tracks product scope, market overview, market opportunities, market driving force, and market risks. Other key factors accountable for the growth of the global Automotive High Strength Steel market are also highlighted in the report.

ACCESS FULL REPORT:https://www.marketquest.biz/report/30571/global-automotive-high-strength-steel-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025

Important Facts about Market Report:

  • This research report covers the global Automotive High Strength Steel market overview, market share,
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The MarketWatch News Department was not involved in the creation of this content.

Nov 16, 2020 (CDN Newswire via Comtex) —
The recently distributed report entitled Global Automotive Advanced High Strength Steel (AHSS) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 is well crafted using a combo of significant data related to the market. The report comprises a point by point knowledge about key aspects related to the global Automotive Advanced High Strength Steel (AHSS) market such as product scope, market revenue, opportunities, growth rate, sales volumes, and figures. The report tracks the new technological advancements and new releases to assist clients in preparing their future-based prospective services and products as well as create profitable business decisions. The report consolidates market variations, feature assessment, cost structure, capability, movement, and measuring of business.

Growth Essentials:

The growth of the market is driven by key factors such as manufacturing activity, market situation and demand, risks of the market, new trends, and new technologies and their implementation. The report provides an understanding of the global Automotive Advanced High Strength Steel (AHSS) market landscape, important industry trends, market size, and market share estimates, and how to position-specific brands in the best way. The overall growth of the market has been forecasted for the years 2020-2026, taking into account the previous growth patterns, the growth drivers, and the current and future trends.

DOWNLOAD FREE SAMPLE REPORT:https://www.marketsandresearch.biz/sample-request/50098

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

Another ultimate goal of global Automotive Advanced High Strength Steel (AHSS) market research is to analyze how the market’s target group will obtain a product or service. The market research report is prepared following certain methodologies and guidelines for collecting, organizing, and analyzing data. Different segment type and application segments analysis is provided. The report talks about the major trends and developments taking place in the market.

In the global market, the following companies are covered: Baoshan Iron & Steel Co. Ltd, ArcelorMittal SA, Tata Steel Limited, Kobe Steel Ltd., POSCO, SSAB AB, ThyssenKrupp AG, United Steel Corporation, AK Steel Holding Corporation,

On the premise of product, this report displays the production, revenue, price, market share, and growth rate of every kind, primarily split into: Dual Phase Steel, Martensitic Steel, Boron Steel, TRIP Steel, Others

On the premise of the top users/applications, this report focuses on the standing and outlook for major applications/end users, consumption (sales), market share, and growth rate for every application, including: Passenger Cars, Commercial Vehicles

Market segment by regions/countries, this report covers: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

ACCESS FULL REPORT:https://www.marketsandresearch.biz/report/50098/global-automotive-advanced-high-strength-steel-ahss-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2026

What Will You Get From The Report:

  • A complete analysis of the global Automotive Advanced High Strength Steel (AHSS) market
  • Different alterations in market
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Sonic Automotive, Inc. (SAH Free Report) registered adjusted earnings per share of 40 cents in first-quarter 2020, beating the Zacks Consensus Estimate of 20 cents. Higher sales from the used vehicle unit led to outperformance. Moreover, the bottom line was a penny higher than 39 cents per share reported in the year-ago quarter on the back of solid performance from the EchoPark segment.

However, total revenues in the reported quarter amounted to $2,308 million, down 3.4% from the prior-year period. Further, revenues missed the Zacks Consensus Estimate of $2,325 million.

Key Takeaways

During the reported quarter, revenues from the sale of new vehicles fell 10% year over year to $959.5 million. Gross profit decreased to $45.4 million from $53.8 million recorded in the year-ago period.

Revenues from the sale of total used vehicles rose 3.6% from the prior-year quarter to $850 million. The metric also topped the consensus mark of $794 million. Unit sales rose from 38,463 a year ago to 40,024 in the quarter under review. While gross profit decreased 13.2% year over year to $32.1 million, the metric topped the Zacks Consensus Estimate of $31.7 million.

In the quarter under review, the EchoPark segment recorded revenues of $331.7 million, reflecting a 33% uptick from the year-ago figure. Its stores sold 13,986 units, up 27% on a year-over-year basis. The segment registered income of $2.1 million, unchanged from the year ago-quarter.

Wholesale vehicle revenues decreased 11.4% on a year-over-year basis to $48.5 million. Nonetheless, gross loss narrowed from $1.26 million in the year-ago quarter to $157,000.

Revenues from parts, services and collision repair fell 2% year over year to $334.7 million. Gross profit decreased $157.9 million in the quarter under review from $163.2 million in the year-ago period.

Finance, insurance and other revenues rose 8.5% on a year-over-year basis to $115.3 million.

Selling, general and administrative expenses increased to $282.2 million from $247.1 million in the year-ago quarter.

The board of directors announced a quarterly dividend of 10 cents per share, which will be paid on Jul 15, 2020 to shareholders of record on Jun 15, 2020. As of Apr 28, Sonic Automotive — whose peers include Lithia Motors (LAD Free Report) , AutoNation (AN Free Report) and Group 1 Automotive (GPI Free Report) — had $304.0 million of cash and cash equivalents on hand.

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