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Watch: Luxury Cars Worth Over 700,000 Pounds Are Stolen By Thieves In UK - NDTV

Watch: Luxury Cars Worth Over 700,000 Pounds Are Stolen By Thieves In UK

Two people can be seen in the video opening the gates.

Five luxury and rare cars worth 700,000 Pounds, including Porsches and an Ariel Atom, were stolen from the Bulphan industrial estate in Essex, UK. The daring robbery was captured on CCTV cameras, which show that the robbers broke into the unit on November 11 and easily stole the cars.

The video, which lasts 1 minute and 15 seconds and was shared on the Essex Police Twitter account, shows the thieves stealing the expensive cars in less than 60 seconds. The absolutely stunning vehicles were later seen being driven away by the thieves. The entire burglary was captured on camera installed in the industrial unit, providing a bird's-eye view of the brazen car theft.

The Essex Police shared the video with a caption that reads, "we are currently investigating an incident where multiple luxury cars were stolen from a unit on Brentwood Road in Bulphan on November 11.Did you witness anything suspicious? If so, please contact us."

According to WalesOnline, a rare Ariel Atom racing car, a Mercedes-Benz A45 AMG 4matic, a Porsche Cayenne, a Porsche 911 Carrera, and a Mercedes Maybach were all taken that night at 4.44 a.m. Police were then called to the scene later that morning.

"The police are still on the hunt for the offenders, having recovered the Mercedes Maybach. They are appealing for anyone who witnessed the theft or has dashcam or CCTV footage to come forward," the report further stated.

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Man arrested after allegedly ramming, stealing and crashing multiple cars in Perth - ABC News

A 28-year-old man has been arrested in Perth over a series of incidents across the metropolitan area, including a six-car collision.

Key points:

Police from numerous districts were called to attend the incidents A man was arrested on the Kwinana Freeway on Saturday morning Investigations into the series of incidents are ongoing

The man was reportedly involved in the six-car crash on Warton and Amherst roads in Canning Vale just after 8:00pm on Friday before allegedly ramming and stealing a black Mazda CX-9.

The man then drove the Mazda towards the Kwinana Freeway, where police allege he rammed and attempted to steal another vehicle on the South Street on-ramp.

A dozen police officers and their vehicles on a Perth freeway where a man was arrested.

Dozens of police were called to assist in the series of incidents which began on Friday night and ended on Saturday.(ABC News)

The man then allegedly abandoned the Mazda, and left the scene on foot.

Car ploughs into home

About 8:40pm, police said the man went to a house on Earnshaw Loop in Leeming, where he allegedly stole a red Volkswagen Jetta, before travelling to Westminster Street in East Victoria Park around 10.30pm and crashing into a parked vehicle, which then ploughed into the front of a home.

A damaged red car on the back of a two truck.

One of the cars damaged during the alleged crime spree.(ABC News)

The man was said to have then gone to another address on Westminster Street, where he allegedly stole a grey Mazda 3.

Police say the man travelled in the Mazda to a number of locations across Perth on Saturday morning before being taken into custody on the Kwinana Freeway in Hammond Park at around 10:20am.

Man armed with small axe, police allege

Superintendent Mark Longman from the Armadale District Office said police believed the man, who was out on bail, was armed during the incidents.

"When he was apprehended, he was apprehended in possession of a small axe, or hatchet, tomahawk, whatever you like to refer to it as," he said.

Superintendent Mark Longman speaks to reporters.

Superintendent Longman says the man they arrested was on bail.(ABC News: Ashleigh Davis)

"We believe that may have been used in some of the offending."

The superintendent said authorities put significant resources in to locating the alleged offender.

"It was violent, aggressive behaviour, and it would have left some of the victims quite shaken and feeling quite unsafe," he said.

Officers surround a police wagon on a Perth freeway as a man is ushered inside.

The man was arrested on a Perth freeway in relation to the series of crashes and thefts.(ABC News)

"We're still unpacking, unpicking everything that went on."

Inquiries remain ongoing and anyone with information about the incidents is urged to contact Crime Stoppers.

Posted 1h ago1 hours agoSat 10 Dec 2022 at 6:28am, updated 35m ago35 minutes agoSat 10 Dec 2022 at 7:47am

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Sonic Automotive, Inc. (NYSE:SAH) Given Consensus Recommendation of "Hold" by Analysts - MarketBeat

Sonic Automotive, Inc. (NYSE:SAH - Get Rating) has been assigned a consensus recommendation of "Hold" from the six brokerages that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $52.33.

SAH has been the topic of several research analyst reports. Bank of America lowered Sonic Automotive from a "buy" rating to an "underperform" rating in a research report on Friday, September 9th. StockNews.com initiated coverage on Sonic Automotive in a research report on Wednesday, October 12th. They set a "hold" rating on the stock. Morgan Stanley increased their price target on Sonic Automotive from $33.00 to $35.00 and gave the stock an "underweight" rating in a report on Thursday, September 1st. JPMorgan Chase & Co. upgraded Sonic Automotive from a "neutral" rating to an "overweight" rating and set a $60.00 price target on the stock in a report on Thursday, October 6th. Finally, Benchmark cut their price target on Sonic Automotive from $71.00 to $62.00 and set a "buy" rating on the stock in a report on Monday, October 31st.

Sonic Automotive Trading Down 0.5 %

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Shares of SAH stock opened at $51.36 on Friday. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 5.61 and a beta of 1.90. The stock has a 50-day moving average of $47.83 and a 200-day moving average of $45.42. The company has a current ratio of 1.02, a quick ratio of 0.33 and a debt-to-equity ratio of 1.51. Sonic Automotive has a 1-year low of $34.17 and a 1-year high of $59.19.

Sonic Automotive (NYSE:SAH - Get Rating) last announced its earnings results on Thursday, October 27th. The company reported $2.23 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.27). Sonic Automotive had a net margin of 2.71% and a return on equity of 35.42%. The business had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.67 billion. During the same quarter in the previous year, the company earned $1.96 EPS. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. On average, equities research analysts forecast that Sonic Automotive will post 9.34 earnings per share for the current year.

Sonic Automotive Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Stockholders of record on Thursday, December 15th will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Wednesday, December 14th. This is a positive change from Sonic Automotive's previous quarterly dividend of $0.25. Sonic Automotive's dividend payout ratio (DPR) is currently 10.93%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SAH. Commonwealth Equity Services LLC bought a new position in shares of Sonic Automotive in the first quarter valued at approximately $319,000. Victory Capital Management Inc. increased its position in shares of Sonic Automotive by 89.4% during the first quarter. Victory Capital Management Inc. now owns 15,884 shares of the company's stock valued at $676,000 after acquiring an additional 7,499 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of Sonic Automotive by 31.2% during the first quarter. New York State Common Retirement Fund now owns 20,699 shares of the company's stock valued at $880,000 after acquiring an additional 4,921 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of Sonic Automotive by 429.5% during the first quarter. Qube Research & Technologies Ltd now owns 27,827 shares of the company's stock valued at $1,183,000 after acquiring an additional 22,572 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of Sonic Automotive by 6.1% during the first quarter. Swiss National Bank now owns 51,900 shares of the company's stock valued at $2,206,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors own 57.10% of the company's stock.

Sonic Automotive Company Profile

(Get Rating)

Sonic Automotive, Inc operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests.

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Analyst Recommendations for Sonic Automotive (NYSE:SAH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to This email address is being protected from spambots. You need JavaScript enabled to view it..

Before you consider Sonic Automotive, you'll want to hear this.

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U.S. new-car inventory continues rise, hitting 1.61M - Automotive News

U.S. vehicle inventory continued to recover from historic lows, rising another 150,000 vehicles to 1.61 million, according to data from Cox Automotive and the Automotive News Research & Data Center.

The increase mirrored the rise from the previous month and extended the run of slight inventory gains that began in June, when automakers and dealers had an estimated 500,000 fewer vehicles in their stocks. Levels are up 78 percent from where they were a year earlier, Cox said, but still are down substantially compared with where they were at the same point in 2019 and 2020.

Cox noted that high-performance cars, compact cars and minivans were the segments with the tightest supplies, while full-size pickups, full-size cars and high-end luxury cars had the largest days' supply. Notably, electric vehicles had nearly a 50-day supply, Cox said, just under the national average for all segments.

All seven of the automakers that continue to report monthly sales and inventory data recorded increases in their days' supply, with Ford Motor Co. crossing over the two-month threshold for the first time since January 2021, according to the Automotive News Research & Data Center.

Subaru was the only brand among those reporting whose days' supply remained in single digits, while Volvo and American Honda joined Ford in having at least 30 days' supply.

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Zeigler Auto Group's work-life balance helps company's bottom line - Automotive News

A desire to attend his children's activities during the workday led Zeigler Auto Group CEO Aaron Zeigler to extend the same courtesy to his employees.

"I would kind of bounce out to [an event] and come back," Zeigler told Automotive News.

He concluded if he could do so and lead a company, the rest of the staff should be allowed to take such temporary absences as well.

This decision about 15 years ago, when his eldest son was about 5, was the start of Zeigler Auto's regard for work-life balance. It has helped foster both employee retention and customer satisfaction, according to Zeigler, who added that he thought it helped improve productivity as well.

Customer satisfaction improved once the company started to accommodate work-life balance, Zeigler said. Now, those consumer scores are so consistently good Zeigler Auto doesn't even watch that variable closely, he said.

"It became something we didn't have to focus on," he said. "It was just kind of there."

In terms of retention, Zeigler Auto's average company leader at the sales and service manager level or higher today has been with the company for14 years, according to Zeigler.

"It seems like business got better ... turnover went down, and then we were able to start growing the organization," Zeigler said.

It's helped the company expand to $2.5 billion today from $1 billion in sales in 2016, he said.

"I felt like the only way that you can really grow an organization is to be really stable with your team and have a team that's happy," said Zeigler, who leads a 2,700-employee company.

Zeigler Auto, of Kalamazoo, Mich., ranks No. 44 on Automotive News' list of the top 150 dealership groups based in the U.S., with retail sales of 20,698 new vehicles in 2021. It sold 29,604 used vehicles that year. Zeigler estimated the 35-location group was on pace to sell about 20,000 new and 30,000 used models in 2022.

Zeigler Auto was the sixth best company for work-life balance in the nation according to a Glassdoor Economic Research review of businesses with more than 1,000 employees and 50 work-life balance reviews on the platform. Zeigler held a 4.74 out of 5 for work-life balance at the time of the study; the No. 1 business scored 4.83.

Seventy-one percent of U.S. employees call work-life balance an important consideration when searching for a job, a September Glassdoor survey found.

‘Part of our culture'

"It's part of our culture," Zeigler said.

The group has long held the goal of having "world-class culture" and accomplishing this means "really happy employees," he said.

Employees with an obligation such as a child's sporting match or recital let Zeigler Auto know in advance. Managers are encouraged to figure out how to make the temporary absence work.

The brief departure can be treated as time off, or the employee can shift work hours to both attend the event and complete their necessary work, he said. Zeigler said this practice created "better productivity and stability."

Zeigler said this policy is also conveyed to new employees whenever Zeigler Auto buys a new dealership.

"That gets them excited about working for us," he said.

Another work-life balance accommodation has involved giving employees greater flexibility to work from home, Zeigler said.

He gave the example of a single parent who needs to pick up a child after school. The employee could work at the dealership during the day, collect their child and then continue to work from home after that. The dealership would work with each employee to tailor something to their individual need, he said.

Under this arrangement, a partner at the dealership would handle a customer who had scheduled an appointment with the employee while they were working from home. The two employees would split any commission.

A similar partnering and commission split would arise if the customer had an appointment scheduled with a salesperson off temporarily at a family event, he said.

Zeigler said employees accept this format. He called it a matter of hiring "the right people upfront," and the company also explains the rationale behind it to staff.

"We have zero issues with anybody fighting over commissions, or anything like that," he said. "It works really well."

Other steps

Zeigler Auto takes other steps as well.

Realizing that growth increased the difficulty of conveying a message to the work force, Zeigler Auto started an internal "The Future of ZAG" podcast led by COO Sam D'Arc. Zeigler described it as an evolution of what once had been lunchtime dealership visits and monthly video messages. The initiative has since spawned the public-facing "Driving Vision" podcast, which has hosted celebrities such as Bill Nye and Michigan State University men's basketball coach Tom Izzo.

The group's perks include trips to NASCAR races and a wellness program, Zeigler said. He said Zeigler Auto also offers significant recognition opportunities for employees.

Zeigler advised other dealerships who wish to foster work-life balance to start by asking employees what's important to them. Different things matter to different people, he said.

He noted that Zeigler lets salespeople averaging 20 vehicles a month set their own schedules.

"There's just a lot of kind of unique things like that that I think go into people's overall happiness," he said.

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