Tag: earnings
Auto retailer beats on earnings, thanks to higher used-car sales – CNBC
CNBC |
Auto retailer beats on earnings, thanks to higher used–car sales CNBC Hesterberg credits the increased sales in used vehicles for the jump and said internal measures were put in place to promote used vehicle offerings. Those included focusing on lower-priced used cars that were once sent to auction and adjusting the … Group 1 Automotive: Used vehicle sales drive record profits in Q2 Group 1 Automotive posts strong profit on used car demand |
Used-car values help explain Hertz’s earnings miss – MarketWatch
MarketWatch |
Used–car values help explain Hertz's earnings miss
MarketWatch The used–car market is oversupplied in the U.S., mostly due to an uptick of new-car leases, and those cars ending in the used–car market after their leases end. Worse-than-expected first-quarter results in May brought Hertz shares to their lowest in … |