INTERVIEW-UPDATE 1-Group 1 sees no rise in April US auto sales

Newswire

* Sees no uptick in April auto sales, no signs of recovery * GM, Chrysler crisis "drag on sales" * Has 1,000 more vehicles than targeted inventory By Soyoung Kim DETROIT, April 28 (Reuters) - Auto dealership Group 1 Automotive Inc has not seen any uptick in U.S. auto sales in April and has no indication of a meaningful recovery in the near future, its chief executive said on Tuesday. "It seems that we've been bouncing along the bottom here, but the bigger question is when we can ...

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