A federal appeals court in California ruled that CarMax's component inspection checklist violates a California statue that requires dealers to provide consumers a “completed inspection report” prior to the sale of any certified used vehicle.
Lithia’s third-quarter net income rose 25 percent from a year earlier to $54 million, as revenue rose 8.9 percent to a third-quarter record $2.27 billion, the company said today.
Group 1 Automotive's net income fell 22 percent in the third quarter to $35.4 million, hurt by sales weakness in energy-dependent markets and soft
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