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Car dealer motors ahead, while FTSE 100 stalls

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FTSE loses strength while US markets nudge ahead. Car retailer Lookers tumbled 9% as it warned that its profits would take a hit this year, amid falling consumer demand for cars and rising.

STOXX 600 up 0.2% as FTSE 100 +1.2% * Euro-zone STOXXE benchmark down 0.2% as trade-sensitive cars. as much as 25%, while LSE is seen 3%-5% higher, according to traders. In a positive read-across.

 · Financials also weighed on Japan’s stock markets, while defensive stocks gained ahead of the FOMC announcement, leaving the Nikkei up a modest 0.2%, while the ASX 200 gained 0.8%. FTSE 100 futures are up, as Sterling is under pressure again, while U.S. futures are down ahead.

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FTSE loses strength while US markets nudge ahead. Car retailer Lookers tumbled 9% as it warned that its profits would take a hit this year, amid falling consumer demand for cars and rising. Head to Head Analysis: ON Semiconductor (ON) & SunPower (SPWR) High-Risky stock to Watch: SunPower Corporation (SPWR. – SunPower Corporation is a part of.

Car dealer motors ahead, while ftse 100 stalls. Miles Costello. April 11 2018, 12:00pm, The Times.. Shares in the second-hand car dealer were chased 15p higher to 178p, a gain of just over 9.

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By contrast, in the U.S., where it has operated for more than a century, Cadillac sold only 154,702 cars last year. Among U.S. buyers, the brand has had trouble shaking its image of big cars favored by older drivers, dealers and analysts say.

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DETROIT — U.S. car sales may be slowing, but the profit engines of Detroit’s Big Three auto makers are still in high gear. general motors Co., Ford Motor Co. and Fiat Chrysler Automobiles all beat Wall Street’s expectations last week when they reported first-quarter earnings, mostly because of strength in the North American market.

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Electric-car sales surged ahead, increasing 62% to 1.26 million. The government-enforced shift to electrics may mean that 2017 will go down as the peak for gasoline-powered cars in China: Over 28 million were sold that year, a total that slipped below 27 million in 2018 and is likely to be flat or lower this year.

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