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VW Credit, Inc. Celebrates Expansion of Libertyville Facility, Plans to Create 150 New Jobs
LIBERTYVILLE, Ill. — VW Credit, Inc. (VCI), a subsidiary of Volkswagen Group of America Inc., recently broke ground for a 30,000-square-foot expansion of its Libertyville facility. The multimillion-dollar expansion, to be completed early next
Apr 27, 2012
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Ally Financial Reports Preliminary First Quarter 2012 Financial Results
NEW YORK — Ally Financial Inc. (Ally) recently reported net income of $310 million for the first quarter of 2012, compared to a net loss of $206 million in the prior quarter and net income of $146 million for the first quarter of 2011. The
Apr 27, 2012
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Asbury Automotive Group Reports Finance and Insurance Revenues up 21%
DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has reported income from continuing operations for the first quarter 2012 of $18.0 million, or $0.57 per dilute
Apr 26, 2012
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Group 1 Automotive Finance and Insurance Gross Profit Per Retail Unit of $1,175 a Record First-Quarter Result
HOUSTON — Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, has reported record first-quarter 2012 net income of $23.1 million, a 49.1 percent increase, and record first-quarter diluted earnings per common share of $0.9
Apr 26, 2012
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Group 1 Automotive Reports Retail Used Vehicle Unit Sales Surged 24%
HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, has reported record first-quarter 2012 net income of $23.1 million, a 49.1 percent increase, and record first-quarter diluted earnings per common share of $0.97, a 51.6 per
Apr 26, 2012
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Edmunds.com: Strong April Results Push 2012 Auto Sales Forecast to 14.4 Million Vehicles
SANTA MONICA, Calif. — April auto sales will continue at the strong pace set in the first quarter for an estimated Seasonally Adjusted Annual Rate (SAAR) this month of 14.4 million light vehicles, according to Edmunds.com, the premier online r
Apr 26, 2012
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Toyota Financial Services and Lexus Financial Services Recognize Top Manheim and ADESA Auction Sites with Premier Auction Awards
Torrance, Calif. – Celebrating its 10TH year of recognizing the top auction sites across the country, Toyota Financial Services (TFS) and Lexus Financial Services (LFS) has awarded its 2011 Premier Auction Award, the company’s highest recogniti
Apr 26, 2012
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Sonic Automotive Used Vehicle Revenue Up 9% for the Quarter
CHARLOTTE, N.C. –Sonic Automotive, Inc. (NYSE: SAH), one of the nation’s largest automotive retailers, has reported 2012 first quarter earnings from continuing operations of $19.5 million for a 24% increase over the prior year results. Ea
Apr 26, 2012
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Karl Chevrolet is Nation’s Top Certified Pre-Owned Dealer
ANKENY, IOWA – Chevrolet/Buick/GMC Certified Pre-Owned Vehicles honors Karl Chevrolet as the nation’s top-performing certified pre-owned dealership for 2011. It is the sixth consecutive year the dealership has received the National Sales Leader
Apr 26, 2012