Great Lakes Advisors LLC saw its holdings in O’Reilly Automotive, INC (NASDAQ:ORLY) decrease by 10.3% during the third quarter, according to its most recent report filed with the Securities and Exchange Commission (SEC). Last fiscal quarter saw the company sell 1,766 of its shares, bringing the total number of shares it owns in the specialty retailer’s stock to 15,351. Great Lakes Advisors LLC’s holdings in O’Reilly Automotive were worth $10,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Recent changes to ORLY’s holdings have been made by several other hedge funds. During the second quarter,…
Author: Automotivedealernews.com
The tipping point for carbon dioxide (CO2) emissions from fossil fuels is close, with emissions on track to peak in 2025, according to research and analysis by Rystad Energy. On the current global path of announced policies, projects, industry trends and expected technological advances, global CO2 emissions are on track to reach around 39 gigatonnes per year (Gtpa) in 2025 before settling at a steady annual decline as industries clean up their carbon footprint. Emissions hit a record high in 2022 as countries scrambled to secure reliable and affordable fuel for power generation in the wake of Russia’s invasion of…
In a world full of new vehicles, going old school can be a great decision for those looking to save money and make a difference Bring a trailer An 80 Series Land Cruiser outside a country house We live in a world where people buy new cars more and more often. Leasing offers have made expensive new vehicles more accessible than ever, thanks to affordable payment plans and convenient service and replacement schemes. There are, however, some concerns. First, in a world concerned about emissions and respect for the environment, spending so much energy on new cars that will only…
A San Diego family is furious after they bought a car only to have it towed a month later by someone claiming it was actually theirs. “This has been draining in so many ways, financially, mentally and physically, so many ways,” Sonia Ruiz told NBC 7 Answers as we sat at the kitchen table with several documents laid out in front of her. He said on October 30, 2022, he paid $21,000 for a 2022 Toyota Camry based on an ad he saw on Facebook Marketplace. “I personally took the car to the DMV, I brought my documents, and I…
Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel underappreciated. “We are very undervalued,” says BP CEO Bernard Looney.He is right. The five major oil companies just posted their best earnings ever: $180 billion in net income by 2022, more than the gross domestic product of half the world’s countries. Normally, that kind of performance would leave them sitting on piles of cash and exorbitant stock valuations. Instead, they’ve been rewarded with rock-bottom ratings, especially in Europe. The biggest majors there, BP…
The latest green hydrogen production projection for 2030 is 24 million tonnes from 212 GW of electrolysers, fueled by the latest round of incentives. If 2022 turbocharged the green hydrogen economy, then 2023 is the start of a long trap for this nascent sector that will be the backbone of decarbonisation, transition and energy security strategies. Research by Rystad Energy has found that electrolyzer capacity is expected to grow by 186% from 2022 to 2023. Attention is therefore directed to the supply chain capacity required for the production of electrolyzers. While many of the raw materials required for the sector’s…
Now in its eighth generation, the Chevrolet Corvette still delivers great performance all-new 2023 Corvette Z06. Hennessey Performance Engineering decided to modify the new C8 to their liking. The result is the ultimate supercharged American machine, but it’s simply overkill. When people buy new cars, they don’t simply buy the first one they see in the showroom. After all, people have different preferences when it comes to their cars. Some may want a vehicle that they can use to transport their family members. Others may prefer quick, fast sports cars that can satisfy their need for speed. Thanks to their…
GS Caltex India, one of the leading manufacturers of premium lubricants in the country, today presents the second edition of #GaadiKeDoctora digital campaign to celebrate unsung heroes- “Mechanics” on his 13th birthday. The brand known for its premium lubricants for superior performance in the automotive and industrial segment, celebrates February 2 as “National Mechanic’s Day” and is back with its second edition of #GaadiKeDoctor.The #GaadiKeDoctor campaign highlights GS Caltex India’s 13th anniversary, the company dedicates February 2 to the nation’s mechanics and honors them for playing a pivotal role in keeping vehicles roadworthy and safe to drive. The opening sequence…
WASHINGTON, Feb 10 (Reuters) – A U.S. F-22 fighter jet shot down an unidentified object flying over Alaska on Friday, U.S. officials said, less than a week after the military shot down a Chinese balloon that had flown across the United States.A Sidewinder missile brought down the object, which was about the size of a small car, said U.S. Brig. General Patrick Ryder, the Pentagon’s chief spokesman.”We don’t know who owns this object,” White House spokesman John Kirby said, adding that it was unclear where its flight began.President Joe Biden ordered the shooting, which was announced from the White House.On…
Oil posted its biggest weekly gain in four months after Russia followed through on a threat to cut output in response to Western energy sanctions. Moscow says it will cut output by half a million barrels, equivalent to about 5% of January levels. The cut was the first major effect on Russian output from the band of sanctions that have been placed on the country’s output, prompting West Texas Intermediate to advance just below $80. This week’s rally was also boosted by Saudi Arabia’s decision to sell barrels at higher prices to Asian countries amid stronger demand from China and…