SOURCE: StockCall


August 12, 2011 09:10 ET

Equity Research on CarMax Inc. and Penske Automotive Group Inc. - Auto Dealerships Performing Well

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Aug 12, 2011) - offers investors comprehensive research on the Auto Dealerships industry and has completed analytical research on CarMax Inc. (NYSE: KMX) and Penske Automotive Group Inc. (NYSE: PAG). Register with us today at to have free access to these researches.

The Auto Dealerships sector has been performing well over the past few months. The economic recovery, albeit tepid, has pushed consumers out to buy new automobiles. Some companies in the sector saw used and luxury car sales grow a substantial amount. This is not a surprising phenomenon considering the uneven recovery. Register now at to have free access to our reports on the Auto Dealerships industry. is an online platform where investors doing their due-diligence on the Auto Dealerships industry can have easy and free access to our analyst research and opinions on CarMax Inc. and Penske Automotive Group Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

Some companies faced inventory challenges pertaining to the earthquake in Japan. Still, rising new and used-vehicle revenue helped companies like Penske Automotive Group Inc. post stronger than anticipated second quarter results. The company saw a 34% increase in its net profits. Penske Automotive Group Inc. research report is available for free by signing up now at

What has already been booked in the ledger could be far different than what the sector is in for moving through the rest of the year, however. With the U.S. credit rating's recent downgrade, there is a major concern that a double dip recession is on the way. This would undoubtedly have a negative impact on car sales as employment worsens and consumer confidence plummets. Companies in the dealership sector like CarMax Inc. were hammered hard in recent trading and more could be on the way if the markets can't regain any confidence. CarMax Inc. research report is accessible for free by registering today at

Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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