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Sales & Variable OPS

Group 1 Automotive Declares a Quarterly Cash Dividend

Group 1 Automotive Declares a Quarterly Cash Dividend

HOUSTON -- Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, announced that its board of directors declared a cash dividend of $0.13 per share for the third quarter of 2011. The dividend will be payable on Dec. 15, 2011, to stockholders of...

Greensboro Auto Auction Offers Users Access to Carfax

GREENSBORO, N.C. -- Greensboro Auto Auction has integrated access to Carfax Vehicle History Reports and Carfax Auction Quick Check at greensboroaa.com. The wait is over – buyers now can obtain Carfax information for any vehicle on Greensboro Auto Auction's run list....

Credit Acceptance Announces Third Quarter 2011 Earnings

Southfield, Michigan -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $50.0 million, or $1.91 per diluted share, for the three months ended September 30, 2011 compared to...

GM Reports Net Income of $1.7 Billion

GM Reports Net Income of $1.7 Billion

DETROIT – General Motors Co. today announced third quarter net income attributable to common stockholders of $1.7 billion, or $1.03 per fully-diluted share. In the third quarter of 2010, GM’s net income attributable to common stockholders was $2.0 billion, or $1.20...

New Car Interest Rates Hit Record Levels

New Car Interest Rates Hit Record Levels

New car interest rates at automotive finance firms jumped in September 2011 to the highest levels this year, according to the Federal Reserve’s Consumer Credit Report for September 2011. The average interest rate for new car loans in September 2011 was 4.73%, up 0.16%...

Audi A7 Selected as the 2012 “Automobile of the Year”

Audi A7 Selected as the 2012 “Automobile of the Year”

HERNDON, Va. -- Audi announced that AUTOMOBILE Magazine selected the Audi A7 as its 2012 Automobile of the Year.  AUTOMOBILE editors selected the A7 for its embodiment of everything a luxury buyer would want in a car – design, performance, and technology. AUTOMOBILE...

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