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Sonic Automotive Reports Parts and Service Gross Profit Up 1.7%
CHARLOTTE, N.C. — Sonic Automotive, Inc. reported 2012 third quarter adjusted earnings from continuing operations of $23.1 million for a 14.9% increase over the prior year results. Adjusted earnings from continuing…
Dealer NewsLithia Motors Reports Service, Body and Parts Sales Increased 6%
Lithia Motors Reports EPS of $0.90 for Third Quarter 2012; Provides Guidance for 2013 EPS of $3.11 to $3.21; Lithia Motors Declares $0.10 per Share Dividend for Third Quarter 2012…
Dealer NewsAuto Industry Recovering Slowly, but it is Recovering
A few weeks ago, I saw an article that painted a not-so-rosy outlook for the automotive industry. Some analysts downgraded their forecast for annual sales by about 500,000 units. On…
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