Sonic Automotive reported earning were up from the same quarter last year. The company also lauded record sales from its pre-owned dealership brand and as a result shares were up nearly 15%... Read more

Several public dealership groups have decided now is the time to buy back shares in their own companies. While it can boost a company’s earning per share, that doesn’t necessaril... Read more

Penske Automotive surprised Wall Street by reporting higher than expected earnings of 90 cents per share. After the announcement stocks rose 8 percent. See full report by CNBC here. Share th... Read more