April 30, 2008
Asbury Automotive Group Names Craig T. Monaghan Incoming Senior Vice President and Chief Financial Officer (PR Newswire)
Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that Craig T. Monaghan has been named incoming Senior Vice President and Chief Financial Officer.
Lithia Motors Exceeds Guidance with 3 Cent Loss Per Share in the First Quarter from Continuing Operations Excluding a One-Time Charge (Business Wire)
MEDFORD, Ore.—-Lithia Motors, Inc. today announced that, excluding a one-time after-tax expense of $1.3 million related to the recently completed investigation, losses from continuing operations were three cents per share.
Auto retailers struggle to offset new car slump (Reuters)
Major U.S. auto retail groups on Tuesday posted quarterly results that underscore their mixed success in offsetting pressure from slumping new vehicle sales through sales of used cars, financing and service operations.
Sector Snap: Auto retailers mostly rise (AP)
Shares of most automotive retailers rose Tuesday after a pair of the companies reported better-than-expected quarterly results, despite drops in demand for new vehicles.