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
Sonic Automotive Inc. Class A

Sonic Automotive is an automotive retailer in the United States. The company has two reportable segments: the Franchised Dealerships Segment and the EchoPark Segment. The Franchised Dealerships segment is comprised of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle maintenance, warranty and repair services, and arrange finance and insurance products. The EchoPark segment is comprised of pre-owned vehicle retail locations that provide customers an opportunity to search the company's nationwide inventory, purchase a pre-owned vehicle, select finance and insurance products and sell their vehicle to the company

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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