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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

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

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

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

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

Hyundai Dealers to Offer Three-Month SiriusXM Subscription on Pre-Owned Vehicles with Factory-Installed Satellite Radios

NEW YORK — Sirius XM Radio and Hyundai Motor America today announced that participating Hyundai dealers will give customers across the United States a three-month SiriusXM subscription when they purchase a pre-owned vehicle, regardless of manuf
Apr 26, 2012

Asbury Automotive Group Used vehicle retail revenues up 15%

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 diluted sh
Apr 26, 2012

TrueCar.com: Used Car Sales Estimated to be Down 2%

SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its April 2012 sales and incentives forecast.  The forecast shows the following: For April 2012, new light vehicle sales in the U.S.
Apr 26, 2012