Archive for April, 2008

30 April

AutoNation: Retail is the Best Way to Invest in the Auto Industry (at Seeking Alpha)

30 April

Penske Automotive Group Q1 2008 Earnings Call Transcript (at Seeking Alpha)

30 April

First quarter sales drop 10 percent at Lithia Motors (at bizjournals.com)

30 April

Group 1 Automotive Q1 2008 Earnings Call Transcript (at Seeking Alpha)

30 April

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.

30 April

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.

30 April

Sonic Automotive Inc. Q1 2008 Earnings Call Transcript (at Seeking Alpha)

30 April

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.

30 April

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.

30 April

Sonic Automotive 1Q profit slips 29% (at bizjournals.com)