Report
David Whiston, CFA, CPA, CFE
EUR 101.80 For Business Accounts Only

The EPA May Start a Fierce Court Battle With California Over Emission Rules

 

The U.S. Environmental Protection Agency is expected to announce on April 3 that it is rescinding the Obama-era emission rules for 2022-25 model years, according to news reports. These rules, which translated into a 2025 model year fleetwide fuel economy target of 50.8 mpg, were finalized in January 2017 before President Donald Trump took office. A new rulemaking process will take over a year, and we see a brutal states’ rights battle looming in the courts. There are two federal rulemaking bo...
Underlying
Group 1 Automotive Inc.

Group 1 Automotive is an operator in the automotive retail industry. Through its dealerships, the company sells new and used cars and light trucks, arranges related vehicle financing, sells service and insurance contracts, provides automotive maintenance and repair services, and sells vehicle parts. The company sells retail used vehicles directly to its customers at its dealerships or via its internet sites and wholesale used vehicles at auctions. The company sells replacement parts and provides both warranty and non-warranty maintenance and repair services, as well as provides collision repair services at the collision centers that the company operates. The company also sells parts to wholesale customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

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