---
title: "瑞銀表示，汽車經銷商的高利潤後端業務未受到投資者的充分重視"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/287809484.md"
description: "瑞銀分析師 Joseph Spak 對 Lithia Motors、Sonic Automotive 和 AutoNation 啓動了覆蓋，並給予 “買入” 評級，強調了它們強大的後端業務和競爭優勢。他指出，這些公司在增長方面處於良好位置，擁有穩健的自由現金流和股東回報的潛力。Spak 強調了零部件與服務以及融資與保險領域被低估的盈利能力，同時提到與中國原始設備製造商在歐洲的整合和合作潛力"
datetime: "2026-05-27T18:43:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287809484.md)
  - [en](https://longbridge.com/en/news/287809484.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287809484.md)
generator: "portal-rs"
---

# 瑞銀表示，汽車經銷商的高利潤後端業務未受到投資者的充分重視

Per-unit economics for the auto dealer sector have retreated from their 2023 peak but have normalized and stabilized above pre-COVID levels, with several names within the space better positioned to use scale and technology to build their competitive advantage over rivals. This leads UBS analyst Joseph Spak to initiate coverage of Lithia Motors (LAD...

### 相關股票

- [AN.US](https://longbridge.com/zh-HK/quote/AN.US.md)
- [LAD.US](https://longbridge.com/zh-HK/quote/LAD.US.md)
- [SAH.US](https://longbridge.com/zh-HK/quote/SAH.US.md)
- [UBS.US](https://longbridge.com/zh-HK/quote/UBS.US.md)

## 相關資訊與研究

- [Susquehanna Fundamental Investments LLC 對利西亞車行公司（Lithia Motors, Inc.）$LAD 進行了新的投資](https://longbridge.com/zh-HK/news/297631380.md)
- [紐約梅隆銀行購入了 216,928 股利西亞車行（Lithia Motors, Inc.）的股票，股票代碼為$LAD](https://longbridge.com/zh-HK/news/297140447.md)
- [利西亞車行｜8-K：2026 財年 Q2 營收 97.91 億美元超過預期](https://longbridge.com/zh-HK/news/294213254.md)
- [懷俄明州對全美汽車租賃公司（AutoNation, Inc.）進行了 112 萬美元的新投資](https://longbridge.com/zh-HK/news/296021972.md)
- [AutoNation第二季度調整後每股收益超預期，金融投資組合增長強勁](https://longbridge.com/zh-HK/news/294503295.md)

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> **免責聲明: 本文僅供參考，不構成任何投資建議。**