Stock FAQs

what is stock in cars

by Charlie Kris Published 3 years ago Updated 2 years ago
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Stock car racing

  • History. This section needs additional citations for verification. ...
  • Types of cars. A stock car, in the original sense of the term, is an automobile that has not been modified from its original factory configuration.
  • United States. ...
  • New Zealand. ...
  • Australia. ...
  • United Kingdom. ...
  • Other regions. ...
  • Career paths. ...
  • Tracks. ...
  • See also

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Full Answer

What is the best auto stock to buy?

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What is the best automotive stock?

Some of the top EV stocks for the long-term according to hedge funds include Freeport-McMoRan Inc. (NYSE:FCX), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), and Tesla, Inc. (NASDAQ:TSLA), among others discussed in detail below. These were picked based on their business fundamentals and analyst ratings.

What does stock number mean from a car?

Stock cars aren’t to be confused with smashed-up banger racers, they’re simply new cars that have already been built and are ‘in stock’. Many dealers will have a number of these cars available that can usually be delivered faster than a conventional factory order. Save money on your next new car by visiting our new car deals page.

What does stock car mean?

Imagine if an Apple car — self-driving, or electric or both — became the must-have wheels the way the iPhone became the must-have smartphone. It sounds unlikely for a consumer electronics company to muscle its way into the auto industry, but the timing is right. The move to electric vehicles (EVs) is shaking up the industry.

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Is CARS stock a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last twelve months. There are currently 1 hold rating and...

Will Cars.com's stock price go up in 2022?

4 equities research analysts have issued 12-month price targets for Cars.com's shares. Their forecasts range from $18.00 to $20.00. On average, the...

How has Cars.com's stock price performed in 2022?

Cars.com's stock was trading at $16.09 at the beginning of the year. Since then, CARS shares have decreased by 36.9% and is now trading at $10.16....

When is Cars.com's next earnings date?

Cars.com is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Cars.com .

How were Cars.com's earnings last quarter?

Cars.com Inc. (NYSE:CARS) announced its quarterly earnings data on Thursday, November, 4th. The company reported $0.03 EPS for the quarter, missing...

What guidance has Cars.com issued on next quarter's earnings?

Cars.com updated its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of for the period. The company i...

Who are Cars.com's key executives?

Cars.com's management team includes the following people: Mr. T. Alex Vetter , Co-Founder, CEO, Pres & Director (Age 47) Mr. James F. Rogers ,...

What is Alex Vetter's approval rating as Cars.com's CEO?

232 employees have rated Cars.com CEO Alex Vetter on Glassdoor.com . Alex Vetter has an approval rating of 67% among Cars.com's employees.

Who are some of Cars.com's key competitors?

Some companies that are related to Cars.com include LegalZoom.com (LZ) , ironSource (IS) , GoodRx (GDRX) , JOYY (YY) , EVERTEC (EVTC) , E2ope...

Where are stock cars raced?

Stock car racing is a form of automobile racing found mainly and most prominently in the United States and Canada, with Australia, New Zealand, Mexico, Brazil and the United Kingdom also having forms of stock car auto racing. Traditionally, races are run on oval tracks measuring approximately 0.25 to 2.66 miles (0.4 to 4.3 kilometers). The world's largest governing body for stock car racing is the American NASCAR, and its NASCAR Cup Series is the premier top-level series of professional stock car racing. Top-level races typically range between 200 and 600 miles (322 and 966 km) in length. The cars were originally production models ("stock") but are now highly modified.

How long is a stock car race?

Stock car racing is a form of automobile racing run on oval tracks measuring approximately 0.25 to 2.66 miles (0.4 to 4.3 kilometers), originally with production-model cars ("stock") but now highly modified. It originates from the United States and Canada, and the world's largest governing body is the American NASCAR. Its NASCAR Cup Series is the premier top-level series of professional stock car racing. Australia, New Zealand, Mexico, Brazil and the United Kingdom also have forms of stock car racing. Top-level races typically range between 200 and 600 miles (322 and 966 km) in length.

How long is a NASCAR race track?

Traditionally, races are run on oval tracks measuring approximately 0.25 to 2.66 miles (0.4 to 4.3 kilometers). The world's largest governing body for stock car racing is the American NASCAR, and its NASCAR Cup Series is the premier top-level series of professional stock car racing.

Why were race cars modified?

This is because race drivers and their cars during this era were subjected to forces unheard of in street use, and require a far higher level of protection than is normally afforded by truly "stock" automobile bodies.

When was NASCAR first formed?

When NASCAR was first formed by France in 1948 to regulate stock car racing in the U.S, there was a requirement that any car entered be made entirely of parts available to the general public through automobile dealers. Additionally, the cars had to be models that had sold more than 500 units to the public. This is referred to as " homologation ." In NASCAR's early years, the cars were so "stock" that it was commonplace for the drivers to drive themselves to the competitions in the car that they were going to run in the race. While automobile engine technology had remained fairly stagnant in World War II, advanced aircraft piston engine development had provided a great deal of available data, and NASCAR was formed just as some of the improved technology was about to become available in production cars. Until the advent of the Trans-Am Series in 1967, NASCAR homologation cars were the closest thing that the public could buy that was actually very similar to the cars that were winning national races.

What year did Ford sell Galaxies?

In 1963 Ford sold enough of their aerodynamic "sport-roof" edition Galaxies to the public so it would qualify as stock, and with the heavy-duty FE block bored and stroked to the new limit of 427, the top five finishers were all Fords. Chrysler had bored their 413 to create the "Max Wedge" 426, but it still could not compete with the Fords. General Motors' headquarters had genuinely tried to adhere to the 1957 ban, but their Chevrolet division had also constantly tried to work around it, because the other manufacturers had openly circumvented the ban. In 1963 GM gave in and openly abandoned compliance, and Chevrolet was allowed to produce the ZO6 427, but it did not immediately enjoy success.

When was NASCAR founded?

When NASCAR was first formed by France in 1948 to regulate stock car racing in the U.S, there was a requirement that any car entered be made entirely of parts available to the general public through automobile dealers. Additionally, the cars had to be models that had sold more than 500 units to the public.

How much of Cars.com stock is held by institutions?

93.98% of the stock of Cars.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Where is Cars.com traded?

Cars.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CARS."

What is the P/B ratio of cars.com?

Cars.com has a P/B Ratio of 2.64. P /B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Does Cars.com pay dividends?

Cars.com does not currently pay a dividend.

What is stock car racing?

Stock car racing was originally a competition between cars that hadn't been altered from their original factory build. But as times changed and technology advanced, the sport evolved. These days, the cars still have a semistock build, but they're a bit different under the hood than the cars on your local dealer's lot.

Who organized the stock car race?

Fortunately for the sport of stock car racing, Bill France stepped in. Along with Charlie Reese, a local restaurant owner, he organized a race and charged a 50-cent admission. They sold 5,000 tickets and split $200 in profits when it was over. A month later they did it again.

Why did NASCAR change its rules?

NASCAR has done what it can to maintain the integrit­y of the original sport. When the "aero wars" of the '70s put two automotive giants consistently in the winner's circle, NASCAR stepped in to level the playing field by placing restrictions on all cars. The organization has also made other changes for safety reasons -- each automotive and technological advance made the cars faster, but with increased speed came increased danger.

What has NASCAR done to maintain the original sport?

NASCAR has done what it can to maintain the integrit­y of the original sport. When the "aero wars" of the '70s put two automotive giants consistently in the winner's circle, NASCAR stepped in to level the playing field by placing restrictions on all cars.

How did NASCAR get involved in the 1950s?

As NASCAR's popularity boomed in the 1950s, auto manufacturers began to get more involved in the sport by giving "factory backing" to individual drivers. Simply put, they paid drivers to drive their cars. There was a popular motto that caught on with the manufacturers during this time: "win on Sunday, sell on Monday" [source: AeroWarriors ].

How much did Bill France charge for the stock car race?

Fortunately for the sport of stock car racing, Bill France stepped in. Along with Charlie Reese, a local restaurant owner, he organized a race and charged a 50-cent admission. They sold 5,000 tickets and split $200 in profits when it was over. A month later they did it again. This time they charged a dollar, and the same number of people showed up. They split $2,200 in profits this time around [source: SIVault ].

When was the National Association for Stock Car Auto Racing formed?

The National Association for Stock Car Auto Racing (NASCAR) formed in 1948 to give congruency to the many leagues that had sprung up around the country. Today, stock car racing is a well-governed sport. Advertisement.

What is stock car racing?

Stock-car racing, form of automobile racing, popular in the United States, in which cars that conform externally to standard U.S. commercial types are raced, usually on oval, paved tracks.

When was the first stock car race?

Stock-car racing arose in the 1930s on the beach at Daytona Beach, Florida, then moved to tracks, and the major governing body, the National Association for Stock Car Auto Racing (NASCAR), was founded in 1947 . Hot-rod racing, particularly drag racing, a rapid-acceleration contest on a…

Where was stock car racing first organized?

Organized stock-car racing began at Langhorne, Pennsylvania, in 1939. The National Association for Stock Car Auto Racing (NASCAR), founded in 1947 at Daytona Beach, Florida, gave the sport its first formal organization.

What organizations sponsored stock car races in the 1970s?

By the 1970s several other organizations, including the United States Auto Club (USAC), also sponsored stock-car races. Automotive companies often sponsor racing teams in order to test performance and safety equipment. For a list of NASCAR winners, see table. Britannica Quiz. All About Auto Racing Quiz.

Who buys a few shares of a company?

The company founder buys a few shares. Investors buy a lot more.

When will the cars earnings call end?

CARS earnings call for the period ending June 30, 2021.

What is Cars.com?

Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, has closed the acquisition of CreditIQ, announced last week. CreditIQ is a cutting-edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying.

How many people plan to buy a car on July 4th?

Leading digital automotive marketplace and solutions provider Cars.comTM (NYSE: CARS) found that 4 4% of in-market car shoppers plan to buy this July Fourth weekend. Of those shoppers, 53% intend to buy a U.S.-based vehicle.1

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How are cars classified?

All cars are classified by using the factory shipping weight, divided by either advertised factory horsepower, or NHRA-rated HP . I will use my car as an example, a 1992 Oldsmobile Toronado Trofeo. It has a factory shipping weight of 3,444 pounds, and a factory horsepower rating of 170. 3,444/170 = 20.56. This will classify me into the DF/S ( D F ront wheel drive/ S tock) class. All cars are classified this way, into one of 51 classes of Stock Eliminator. Classes run from AA/S and AA/SA (AA/Stock and AA/Stock Automatic) down to W/S and W/SA for rear wheel drive cars and trucks, plus five front wheel drive classes AF/S to EF/S.

What is AA/S in car?

AA/Stock would be for the highest factory rated horsepower cars. Some Mopar Hemis, 440’s and Max Wedges, big block 427 Fords, 427 and 396 Chevrolets, as well as some newer cars – LS-1 Firebirds, supercharged Cobra Jet Mustangs and the new DragPack Hemi Dodge Challengers are in this category. Cars with a shipping weight/horsepower ratio of 7.50-7.99 pounds will fall into AA/S. W/S is for four cylinder cars only, with a weight to horsepower ratio of 24 or more. NHRA publishes their Classification Guide on their website; you can look up your car to see what class it can fit. Cars not listed in this Guide are not eligible for Stock Eliminator.

How to determine the minimum weight for a car?

Once you find what class your car runs, you can determine the minimum weight for your car. All cars have a minimum weight they must meet at the scales, with driver. Cars are permitted to move to the “top” of their class, or move up one class, or move down one class. Using my car as an example, the weight break for it is 20.56, which puts it into DF/S, designed for cars with a weight/HP ratio between 19.00 and 24.99 pounds. I can move to the top of the class, which would be 19.00, multiplied by the NHRA rating for the motor, still being at 170. From there, 170 pounds are added to each car, to arrive at the minimum Class Weight. So, 19 x 170 + 170 = 3,400 pounds. If I cross the scales at less than 3,400, the run is disallowed if in qualifying, and I would be disqualified if it occurs during eliminations.

What does class racing mean?

Well, I’m here to help you. Class Racing refers to the eliminators of Competition, Stock, and Super Stock. All three have a multitude of individual sub-classes, classes, and rules. We’ll start with probably the simplest of the three–NHRA Stock Eliminator.

How do cars qualify for the Nationals?

Cars qualify based on how far under their Class Index they can run. Many years ago, cars ran based off of the National Record for their class. When participation started dwindling, the Index system was developed. Originally designed to be an average of all the cars in that class in the country, now almost every car can run quicker than that Class Index, some as much than one-second under or more. The AA/S Index is the quickest in Stock at 10.60, while the W/SA Index is 16.65. The further under that mark you can run in qualifying, the further up the qualifying sheet you will be. The maximum number of cars that will qualify is 128, with the exception of the U.S. Nationals in Indianapolis, where everyone gets to run.

Is the stock elimination a double edged sword?

So all in all, Stock Eliminator is a double-edged sword in it’s attraction to racers. For those who like to run fast and be the top dog, you can set records and go out to win your class. If you like testing your driving and bracket racing ability against some of the best drivers in the world, you can do that too. Many of the top bracket racing artists in the country also own and race a Stock Eliminator car and do quite well. Hope this helps you to better understand the Stock Eliminator racing we do. Future stories, will better explain other issues involving Class Racing.

Do you have to pass a fuel check at the scales?

Cars also have to pass a fuel check at the scales, to insure racers are not using any illegal additives to their fuel. Leaded racing fuels are the only ones permitted, and there is an Accepted Fuel list and those are the only fuels legal in NHRA competition.

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Overview

Types of cars

A stock car, in the original sense of the term, is an automobile that has not been modified from its original factory configuration. Later the term stock car came to mean any production-based automobile used in racing. This term is used to differentiate such a car from a "race car", a special, custom-built car designed only for racing purposes.

History

In the 1920s, moonshine runners during the Prohibition era would often have to outrun the authorities. To do so, they had to upgrade their vehicles—while leaving them looking ordinary, so as not to attract attention. Eventually, runners started getting together with fellow runners and making runs together. They would challenge one another and eventually progressed to organized events i…

United States

NASCAR is currently the largest stock car racing governing body in the world. While NASCAR sanctions multiple series, it has three national championship touring series that are commonly referred to as the "top 3" series. In addition to the top three series, NASCAR also sanctions many regional and local series. NASCAR also sanctions three international series that race in Canada, Mexico, …

New Zealand

Stock car racing began in New Zealand during the 1950s, first race was at Aranui Speedway on November 27, 1954. It was brought to New Zealand after New Zealand Speedway riders witnessed the huge crowds that watched the races in Britain earlier that year. As with the UK, Stock car racing in New Zealand is a very different form of racing than that of the US. Stock car racing is a full-c…

Australia

Stock car racing in the NASCAR mould (AUSCAR) had a following in Australia during the mid-late 1980s and through the 1990s, but with the advent of the Supercars Championship, which took up the bulk of the competitors, sponsorship dollars on offer as well as major television time, the Australian Superspeedway series shut down after 2001.
The majority of the NASCAR and AUSCAR racing in Australia took place at the 1.801 km (1.119 …

United Kingdom

Stock, in the sense of cars appearing to be similar to conventional road vehicles, is represented in the UK (and Europe) by touring cars.
The term 'stock cars' in the UK refers to a specialized form of racing that bears little resemblance to any road car.
Stock car racing was brought to Britain in 1954. Taking place on existing greyhound or speedway …

Other regions

Internationally, stock car racing has not enjoyed the same success as within the United States. The NASCAR Pinty's Series enjoys generally strong car-counts using the base of the sport in Canada (the short-oval region of Southern Ontario). Brazil also has a successful stock car racing series, with starting grids of 30 or more cars, and two brands competing: Chevrolet and Toyota. Brazilian Stock Ca…

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