Posts
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
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
Chrysler to Invest $165 Million to Add Body Shop to Mich. Assembly Plant
Auburn Hills, Mich. – Chrysler Group LLC announced that it will invest $165 million to add a new one million square-foot body shop to its Sterling Heights (Mich.) Assembly Plant. This follows an announcement in December 2010 that the Company wo
Oct 24, 2011
Passport Auto Group Announces Opening of the New Collision Repair Center
MARLOW HEIGHTS, Md. — Passport Auto Group announced that their brand new state of the art Collision Repair Center will open for business on October 24, 2011, featuring the same outstanding service you have come to expect from the Passport Autom
Oct 24, 2011
Play Ball! Customer Service is Much like Baseball
Sometimes it’s easier for people to understand something if you can relate it to a game or activity that is commonly known or played; in this case I like to compare our customer service business to the game of baseball since there are so many simil
Oct 24, 2011
GM Announces $325 Million Plant Investment in Michigan
WARREN, Mich. – General Motors said Friday it will invest $325 million in tools and equipment to support production of future electric vehicle components, creating or retaining 418 jobs. Timing for the project was not disclosed. The plant in suburb
Oct 23, 2011
Ford Confirms Increased Investment in Kansas City Plant
KANSAS CITY, Mo. — Ford Motor Company recently confirmed Kansas City Assembly Plant workers will build its full-size Transit van – Europe’s best-selling commercial vehicle – when the new product joins its North American lineup in 20
Oct 23, 2011