Strong Used Sales Lift Lithia's 1Q Performance

MEDFORD, Ore. — Though Lithia Motors' net income fell by almost 5 percent in the first quarter, the company said it still saw improvement in adjusted earnings per share and enjoyed a significant lift in quarterly revenue, especially on the used side. Specifically, Lithia recorded first-quarter net income... Read More

Strong Used Sales Lift Lithia's 1Q Performance

MEDFORD, Ore. — Though Lithia Motors' net income fell by almost 5 percent in the first quarter, the company said it still saw improvement in adjusted earnings per share and enjoyed a significant lift in quarterly revenue, especially on the used side. Specifically, Lithia recorded first-quarter net income... Read More

Penske Opens Fifth U.S. Mini Store

BLOOMFIELD HILLS, Mich. — For the second time in just over a month, Penske Automotive Group has opened a new Mini store in the group's Western region, as it unveiled a 17,500-square-foot facility in Austin, Texas, on Tuesday. Mini of Austin's debut comes just five weeks after Penske opened Mini of... Read More

Penske Opens Fifth U.S. Mini Store

BLOOMFIELD HILLS, Mich. — For the second time in just over a month, Penske Automotive Group has opened a new Mini store in the group's Western region, as it unveiled a 17,500-square-foot facility in Austin, Texas, on Tuesday. Mini of Austin's debut comes just five weeks after Penske opened Mini of... Read More

SANTA MONICA, Calif. — Ford, which said Tuesday it earned $2.1 billion in first-quarter net profit, is on pace to move ahead of Toyota and climb back into the No. 2 spot for yearly U.S. auto sales for the first time since 2006, according to Edmunds.com. Ford has finished third in full-year U.S. auto sales in... Read More

SANTA MONICA, Calif. — Ford, which said Tuesday it earned $2.1 billion in first-quarter net profit, is on pace to move ahead of Toyota and climb back into the No. 2 spot for yearly U.S. auto sales for the first time since 2006, according to Edmunds.com. Ford has finished third in full-year U.S. auto sales in... Read More

HOUSTON — Thanks largely to improvements in its business structure as well as a healthier auto environment, Group 1 made what its president and chief executive officer called a "strong start" to the year. Adjusted net income for the first quarter came in at $10.4 million, up from $4.7 million in the... Read More

HOUSTON — Thanks largely to improvements in its business structure as well as a healthier auto environment, Group 1 made what its president and chief executive officer called a "strong start" to the year. Adjusted net income for the first quarter came in at $10.4 million, up from $4.7 million in the... Read More

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