Group 1 profit falls amid slowing Ford sales


DETROIT, Feb 21 (Reuters) - Car dealership chain Group 1 Automotive Inc. on Wednesday said fourth-quarter net income fell, hit by declining sales of Ford Motor Co. vehicles and a slowdown in the California market. The Houston-based company said earnings fell to $14.8 million, or 61 cents per share, from $16.2 million, or 66 cents per share, a year earlier. Excluding a charge for fixed asset write-off, the company earned 67 cents per share Analysts, on average, had expected 78 cents per ...

Premium Content (PAID Subscription Required)

"Group 1 profit falls amid slowing Ford sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×