The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 10 US Auto Dealership Companies had their average stock prices drop by a massive 61% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 10 US Auto Dealership Corps have increased by an off-the-charts 994% through January 24, 2014, led by Lithia Motors, Sonic Automotive and Asbury Automotive Group.....all 3 with increases above 1,800%. And the lowest increase of the 10 was a robust 157%.
Clearly, the investors in and employees of all 10 of these US Auto Dealership Companies must be extremely pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 10 US Auto Dealership Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Auto Dealership Corps | HQs | 1-24-14 | 3-6-09 | 12-31-07 | 1-24-14 | 3-6-09 | |
Lithia Motors | Medford | OR | 58.00 | 1.98 | 13.73 | 2829% | -86% |
Sonic Automotive | Charlotte | NC | 22.53 | 0.95 | 19.36 | 2272% | -95% |
Asbury Automotive Group | Duluth | GA | 47.95 | 2.40 | 15.05 | 1898% | -84% |
Penske Automotive Group | Bloomfield Hills | MI | 42.36 | 5.03 | 17.46 | 742% | -71% |
Group 1 Automotive | Houston | TX | 62.02 | 8.33 | 23.75 | 645% | -65% |
CarMax | Richmond | VA | 44.57 | 8.68 | 19.75 | 413% | -56% |
AutoNation | Fort Lauderdale | FL | 47.34 | 9.72 | 15.66 | 387% | -38% |
Rush Enterprises | New Braunfels | TX | 23.64 | 5.57 | 17.80 | 324% | -69% |
America's Car-Market | Bentonville | AR | 42.51 | 11.57 | 12.55 | 267% | -8% |
Copart | Dallas | TX | 34.71 | 13.49 | 21.28 | 157% | -37% |
Average % Change all 10 | 994% | -61% |