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Will Monthly Auto Sales Decline For 8th Straight Month?
Thursday, August 24, 2017 - 11:16am | 541Read More...Seasonally adjusted annualized auto sales in August are expected to land at 16.6 million units and “will be viewed negatively by investors,” according to the Buckingham Research Group. The sales projection represents the eighth consecutive month of year-over-year declines in auto sales...
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Penske Automotive Acquires 49% Stake In A Japanese Luxury Dealership Group
Friday, January 8, 2016 - 9:26am | 185Read More...Penske Automotive Group, Inc. (NYSE: PAG), an automotive and commercial vehicle dealership operator, announced on Thursday its entry to the Japanese market. Penske Automotive stated that it acquired a 49 percent stake in the Nicole Group, a luxury dealership group that operates in Tokyo and...
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CarMax Earnings Preview: Higher Sales, Lower EPS Expected
Wednesday, June 20, 2012 - 10:58am | 943Read More...CarMax (NYSE: KMX), the used-car retailer, is scheduled to report first-quarter fiscal 2013 results on June 21, before the U.S. markets open. The company has seen net income rise in the previous three quarters and has enjoyed four-straight quarterly revenue increases. Investors will be hoping for...
