Penske Automotive Group Inc.'s (PAG) third-quarter profit rose 24% on higher margins and lower costs as the company also got a sales boost from...
Two of the nation's largest auto-dealer networks delivered third-quarter profits on Tuesday as deep cost cutting and debt restructuring helped...
Auto retailer Group 1 Automotive Inc. (GPI) halved its borrowing capacity under its credit line with Ford Motor Credit Co. to $150 million...
It's time retailers took a cue from their REIT counterparts and considered raising equity to bolster their balance sheets. Since March 9, both the...
Auto retailer Group 1 Automotive Inc. (GPI) said Thursday it will slash orders for new cars and trucks following a $44.5 million fourth-quarter...
Auto retailer Group 1 Automotive Inc. (GPI) said Thursday it will accelerate cost-cutting moves and cut orders for new cars and trucks following a...
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