Team 1 Automotive Inc. explained Wednesday that to start with-quarter net profits just about doubled and earnings soared as dealerships the retailer obtained previous year outperformed anticipations. The Houston-based mostly dealership team said earnings in the quarter finished March 31 rose 30 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} to $3.84 billion, led by development from […]

AutoNation Inc.’s fourth-quarter web earnings a lot more than doubled as used-car revenue soared 55 percent to effectively cushion the auto retail giant’s ongoing struggles with low new-car or truck inventories. The firm mentioned web revenue soared 156 per cent to $387.1 million. Profits rose 14 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} to $6.58 billion […]