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.


Lear raises outlook on rising seating, electronics sales

Lear raised its outlook for sales and earnings for the year after reporting record first-quarter results. It was the first earnings report for the supplier under new CEO Ray Scott.


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