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Latest News | Top Stories | | | 1.
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Used vehicle prices slip in Oct. after long climb
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AP
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Fri Nov 6
Used vehicle prices edged lower in October, according to a closely watched index, ending a three-month climb that brought prices to their highest level the previous month.
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Group 1 Automotive's Profit Improves
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Zacks.com
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Fri Nov 6
Group 1 Automotive revealed a profit of $16.8 million in the third quarter, an improvement from $8.2 million in the same quarter of the previous year.
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Power Sports Factory Inc. Demonstrates Its Solar Powered Bike Sharing Station at Philadelphia's City Hall
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GlobeNewswire
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Thu Nov 5
PHILADELPHIA -- Power Sports Factory, Inc. demonstrated its Bike Sharing System during Philadelphia's "Bike The Strike" rally. Today's "Bike The Strike" event was a coordinated effort between Power Sports Factory, CityRyde and the Philadelphia Bicycle Coalition to help alleviate issues raised by the Philadelphia Transit Strike.
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Price and Reliability Are Top Factors for Women Car Shoppers, According to CarMax Survey
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Business Wire
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Mon Nov 2
RICHMOND, Va.----When choosing a car to buy, more than 60 percent of women selected price and reliability as the most important factors, according to a recent survey conducted for CarMax, Inc. , the nation’s largest retailer of used cars.
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Copart to Sponsor Germain Racing's No. 30 Tundra in Three Additional NASCAR Camping World Truck Series Races This Season
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Business Wire
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Mon Nov 2
FAIRFIELD, Calif.----Copart, Inc. , a leading online vehicle auction company, is proud to announce the extension of its relationship with Germain Racing to include primary sponsorship of the No. 30 Copart Tundra and driver Todd Bodine in the final three races of the 2009 NASCAR Camping World Truck Series.
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Ron Hornaday Jr. Wins Copart Challenge of Champions
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Business Wire
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Sat Oct 31
FAIRFIELD, Calif.----Copart, Inc. , a leading online vehicle auction, is proud to announce that Ron Hornaday Jr. has won the Copart Challenge of Champions and been awarded $5,000 to donate to his favorite charity – Victory Junction, a camp for chronically or terminally ill children.
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Lithia Motors Reports Third Quarter Results from Continuing Operations of $0.32 Cents Per Share
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Business Wire
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Thu Oct 29
MEDFORD, Ore.----Lithia Motors, Inc. , today reported 2009 third quarter income from continuing operations, net of income taxes, of $7.0 million, or $0.32 cents per diluted share, compared to year-ago income from continuing operations of $2.5 million, or $0.12 per diluted share.
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Group 1 Automotive Doubles Profitability in Third Quarter 2009
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Marketwire
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Tue Oct 27
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Lithia Motors, Inc. Announces Closing of $46.0 Million Class A Common Stock Underwritten Public Offering, Including Exercise of Underwriters' Over-Allotment Option
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Business Wire
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Thu Oct 15
MEDFORD, Ore.----Lithia Motors, Inc. , a leading operator of automotive franchises and retailer of new and used vehicles and services, today announced that the Company raised $46.0 million through its previously announced underwritten public offering by issuing 4,600,000 shares of the Company’s Class A Common Stock, including 600,000 shares pursuant to the underwriters’ over-allotment option, at a price of $10.00 per share.
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Sector Snap: Auto retailer shares advance
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AP
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Wed Oct 14
Shares of auto retailers climbed on Wednesday after Group 1 Automotive Inc. said it expects to report better-than-expected third-quarter earnings, helped by the government's Cash for Clunkers program.
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