Visteon Q1 income rises 3.2 percent
Visteon said its first-quarter net income rose 3.2 percent to $65 million, as strong gains and product launches in China offset a dip in North American sales.
Sonic's loss widens despite record Q1 revenue
Sonic Automotive's revenue rose to a first-quarter record on gains in F&I and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.
GM, South Korea to invest $4.35 billion in troubled unit
General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.
