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Penske Automotive says earnings improve 4.5% in Q4; stock rises

Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2.6 percent to $71.3 million.  » READ
 

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Dealer anniversaries

 

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Honda cites weather for 1.7% decline; Civic surges

 

Toyota down 4.7% as cars undercut truck gains

 

Subaru posts record for January

 

Ford slips; rising fleets fail to offset retail decline

 

Nissan pulls ahead on strength of crossovers

 

VW sinks to 5-year low; Audi extends streak

 

GM ekes out gain; retail up as fleet falls

 

Jeep and Dodge lift FCA to another increase

 

Canadian sales jump 10% after record year

 

Ferrari shares slump to record low after saying sales growth will slow

 

Tata to rename Zica hatch after outbreak of dangerous zika virus

 

The Super Bowl auto ad lineup

 

Honda counting on sheep to stir interest in Ridgeline

 

Tesla applies for dealership license in Michigan