Posts
Asbury New Vehicle Gross Profit Increased 12%
DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per
Oct 26, 2011
Group 1 Automotive Reports Total Revenue Up 7.4.%
HOUSTON — Group 1 Automotive, Inc. a Fortune 500 automotive retailer, reported a third-quarter adjusted net income increase of 23.6 percent to $23.8 million, or $1.04 per diluted share, for the period ended Sept. 30, 2011. This compares to adju
Oct 26, 2011
Sonic Automotive, Inc. Reports 39% Increase in Third Quarter Continuing Operations Earnings
CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, today reported that 2011 third quarter earnings from continuing operations were $0.33 per diluted share compared to $0.25 per diluted share i
Oct 25, 2011
The Ultimate Performance SUV Lands Front and Center on Chrysler Group’s World Headquarters
Auburn Hills, Mich. – The most powerful, technologically advanced, high-performance Jeep® vehicle ever has made its way on to Chrysler Group LLC’s Headquarters building in Auburn Hills, Mich. Early this morning, workers put the finishing to
Oct 25, 2011
TrueCar.com: New Vehicle Sales Expected to Reach Highest SAAR Since August 2009
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its October 2011 sales and incentives forecast. The forecast shows the following: For October 2011, new light vehicle sales in the U
Oct 25, 2011
NADA Chairman Outlines New Study of Factory Image Programs
DETROIT — New-car dealers who have been hit hard by the economic recession need less financial pressure—not more—especially when faced with tough decisions to remodel their dealerships, said Stephen W. Wade, chairman of the National Automob
Oct 25, 2011
Used Prices to Drive New Car Sales in Fourth Quarter
MCLEAN, Va. — Above average trade-in values for used cars are expected to increase new vehicle sales in the fourth quarter, says Jonathan Banks, senior analyst with the National Automobile Dealers Association (NADA) Used Car Guide. “We ex
Oct 21, 2011
Deloitte Consumer Spending Index Sinks to Lowest Level Since May 2009
NEW YORK — The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages. The Index tracks consumer cash flow as an
Oct 20, 2011
Chrome Systems’ PaymentDriver Solution Deployed by NADAguides
Portland, Ore. ─ Chrome Systems, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), and a leader in managing automotive data, today announced that NADAguides, the largest publisher of vehicle pricing and information for new and used
Oct 20, 2011