Dealer Groups And Dealerships

Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42M

UPDATED: 5/3/16 4:23 pm ET

Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. After a lackluster March that disappointed some automakers, April produced solid gains across the industry, with fatter deals and light trucks driving volume higher.

Stop-sale backlog hits public groups' earnings

Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt

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