UnitedAuto earnings climb on higher vehicle sales

Newswire

DETROIT, Oct 28 (Reuters) - Car dealership company UnitedAuto Group Inc. on Thursday posted stronger third quarter earnings due to higher vehicle sales and service and parts revenues. The company said it earned $32.4 million, or 70 cents per share, versus $25.3 million, or 61 cents per share in the year-ago quarter. In July, the Bloomfield Hills, Michigan-based company said it expected third-quarter earnings to range from 61 cents to 63 cents per share. Analysts had expected UnitedAuto ...

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