Lithia Motors Net Income Plummets
Though revenue increase of 4% hits a first-quarter record, net income for the auto group fell 33%.
Though revenue increase of 4% hits a first-quarter record, net income for the auto group fell 33%.
Nearly 25% profit drop results from mix of pressures.
Declines in net income and revenue in the first quarter were offset by an 11% increase in parts-and-service business.
Data show volume, revenue increased, bringing record March top line.
Creating a professional development plan can make the difference in 2023 being a tough year, or a great year.
F&I process provides us an opportunity to add value or aggravation to the customer’s purchase experience.
Ram pickups, Ascent SUVs affected by late-model issues.
Latest in a series anticipates Q1 earnings reveal.
Eleven of the 13 truck segments reported increases last week.
Works with insurer, expedites software upgrade, and offers steering wheel lock reimbursements to protect vulnerable models.
Just 16 are eligible for federal tax breaks, some for just half the full amount.
Few dealers are actually offering full-motion video.
But 2022 was the second most active year ever.
4% lower than year-over-year, finds Cox Automotive Market Insights.
Demand for premium brands grows after China scraps COVID-19 lockdown policies.
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