Penske Q1 net soars behind broad gains

First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.


BMW's iX3 concept heralds electric expansion

BMW previewed the expansion of full-electric cars into its core product lineup with the iX3 concept at the Beijing auto show.

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MORE SALES NEWS MARKETING USED CARS
FlexWheels: Ready-made dealer platform

Warren Henry Auto Group started a subscription program that's inspiring the group to develop an operational platform to help other dealers run subscription models.

The rise of a used-car powerhouse

Reagor Dykes Auto Group, a budding powerhouse on Automotive News' list of the top 100 dealership groups in used retail sales, sells well beyond its west Texas base.

M-B subscription test will hinge on dealers

Mercedes-Benz's vehicle-subscription pilots in Nashville and Philadelphia will run for at least a year and directly involve dealers in what CEO Dietmar Exler called an opportunity to learn.


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