As profits grow, auto dealer groups seek respect


By Justin Hyde DETROIT, Oct 29 (Reuters) - With soaring profits and revenues, the large auto dealer groups are now pursuing a goal that has eluded them so far -- respect from Wall Street. Four of the largest conglomerates of new-vehicle dealerships -- AutoNation Inc. , Sonic Automotive Inc. , UnitedAuto Group Inc. and Group 1 Automotive -- have reported over the past week an average increase of 42 percent in third-quarter profits, fueled by strong new-vehicle sales and acquisitions of ...

Premium Content (PAID Subscription Required)

"As profits grow, auto dealer groups seek respect" 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.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×