Asbury Automotive Group Reports Preliminary Results and Schedules Third Quarter 2020 Earnings Call | News
DULUTH, Ga., Oct. 14, 2020 /PRNewswire/ — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported preliminary financial results for the three months ended September 30, 2020. Asbury expects…
Auto Stock Roundup: GPI’s Stellar Preliminary Results, THO’s Payout Hike & More
Amid the changing dynamics of the auto industry and technological advancements, carmakers are fast shifting gears to electric and driverless vehicles. To this end, auto biggies like Toyota, Daimler and Ford made important announcements last week. Japan-based auto giant Toyota…
3 Top-Ranked Auto Retailers Poised for Robust Q3 Results
The coronavirus pandemic hit the auto sector hard, resulting in sluggish demand for vehicles, low footfall at dealerships and supply chain disruptions. However, demand for vehicles is gradually on the mend. While third-quarter U.S. auto sales declined year over year,…
Ford Delivers Solid Domestic Sales Results in Q3
Three months ago, Ford Motor Company (NYSE: F) reported that its domestic vehicle deliveries plunged by 33% in the second quarter, as the COVID-19 pandemic weighed on traffic to car dealers and devastated fleet sales. Given that Ford was already…
Solid Preliminary Results Drive Group 1 Automotive 20% Higher
What happened Shares of Group 1 Automotive (NYSE:GPI), owner and operator of 186 automotive dealerships, jumped over 20% higher Tuesday after the company released preliminary third-quarter results that included a number of positive developments for investors. So what The COVID-19 pandemic…
Mercedes-Benz Canada continues positive momentum with Q3 sales results
MY2020 Mercedes-Benz A-Class sedan MY2020 Mercedes-Benz A-Class sedan MY2020 Mercedes-Benz A-Class sedan TORONTO, Oct. 06, 2020 (GLOBE NEWSWIRE) — Mercedes-Benz Canada and its national dealer network today announced Q3 2020 sales results. The company continued to show strength under unique…
Group 1 Automotive Reports Preliminary Third Quarter 2020 Results, New Share Repurchase Authorization, and Intention to Reinstate Dividend
HOUSTON, Oct. 6, 2020 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today reported preliminary financial results for the three months ended September 30, 2020. Group 1 expects diluted earnings per common share to…
Xbox Series X’s machine-learning auto-HDR renders stunning results
The Xbox Series X has a number of display-related technologies and features that we haven’t seen in any console before. This includes support for 4K at 120Hz over HDMI 2.1 and variable refresh rate (like AMD’s FreeSync). But the upcoming…
Porsche Taycan Q3 sales results: stronger than 911, Panamera, 718
US sales of the new Porsche Taycan EV in Q3 beat out established models like the 911, 718, and Panamera. The Taycan sold 1,858 examples to the 911’s 1,567, the 718’s 1,084, and the Panamera’s 1,064. This is all despite…
Florida auto dealership’s advertising push gets results during COVID-19 pandemic
In March, the dealership retailed 44 new Cadillacs, a 42 percent jump from the year before. Its new Cadillac sales slipped 22 percent in April but soared 91 percent in May and were up 15 percent in June and 74…
