Western Europe

Group 1’s Q2 profits flat, hit by storm expenses

Group 1 Automotive’s net income rose 0.6 percent in the second quarter to $46.6 million, largely buoyed by its parts and service and finance and insurance operations. Its new-vehicle retail sales in the U.S. declined, but profits per unit retailed rose.

Penske Automotive's Q2 net slips 0.7% on currency, interest costs.

Penske Automotive's net income in the second quarter eased 0.7 percent from the year-earlier quarter to $95.0 million, on currency losses and higher floorplan and other interest costs.

Ford appoints new Europe COO, makes treasurer Smart Mobility CFO

Ford today appointed a new Europe COO and expanded its corporate treasurer's role to include financial oversight of its recently created Smart

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.