Group 1 Automotive
CEO: Used sales at AutoNation show promiseMon, 06, Feb 2017
AutoNation sees used-vehicle sales at its soon-to-launch AutoNation USA used-vehicle stores as a major growth opportunity in 2017. The retailer has designed a strategy to fund the expansion which, CEO Mike Jackson said, won't be a drag on earnings.
Group 1 swings to black in Q4Thu, 02, Feb 2017
Group 1 Automotive swung to a net profit of $30.8 million in the fourth quarter from a year-earlier loss, as new vehicle sales decreased but gross profit per unit grew, the Houston auto retailer said today.