Former Cadillac, Penske official Jere Kitzmiller dies at 84

A factory man beloved in retail is an anomaly in the automotive business. So was Jere Kitzmiller, a longtime Cadillac employee who died last month in Newport Beach, Calif., from flu and pneumonia complications. He was 84.

UPDATED: 2/14/18 4:15 pm - adds stock close
UPDATED: 2/15/18 11:14 am ET - corrected
Tax changes boost public dealerships

Publicly traded dealership groups turned in generally good results in the fourth quarter. Then U.S. corporate tax cuts pumped up those earnings -- often by a lot.

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