Stop-sale backlog hits public groups' earningsMon, 02, May 2016
Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter earnings. The problem could linger into 2017.
Penske: Punching a problem? Slow the inventory; 'get the right mix'Mon, 11, Apr 2016
Punching cars creates headaches for dealerships and customers, Penske Automotive Group Chairman Roger Penske says. But it's a problem that can be solved, he said.