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Auto Dealer CarMax Speeds Past Q4 Earnings Views

2015-04-03 11:34:15| Auto Dealers - Topix.net

Reporting before the open, the Richmond, Va.-based CarMax logged adjusted earnings of 67 cents a share for its fiscal fourth quarter, which ended in February. That was up from 52 cents the prior year and 7 cents above consensus analyst estimates.

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NJ auto dealer accused of pushing damaged cars

2015-03-24 19:33:00| Auto Dealers - Topix.net

NJ auto dealer accused of pushing damaged cars RLMB Inc. is accused of advertising damaged or used cars without revealing the damage to customers.

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Auto dealer among 4 guilty in fraud scheme involving luxury car loans

2015-03-21 10:31:55| Auto Dealers - Topix.net

A Chicago-area auto dealer and three other people have been convicted in a $1.6 million scheme involving dozens of fraudulent loans for luxury cars. Chicago resident Precious W. House, 47, was convicted of five counts of bank fraud Friday during a jury trial before U.S. District Judge Andrea R. Wood, according to a statement from the U.S. Attorney's office.

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Columbus-based auto dealer completes purchase of Hidy properties

2015-02-18 22:32:28| Auto Dealers - Topix.net

Germain Motor Co. has completed its purchase of two Hidy auto dealerships. The Columbus-based dealership has purchased Hidy Ford and Hidy Honda, marking its first foray into the Dayton market.

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Auto dealer Boyd agrees to federal disability discrimination suit settlement

2015-02-12 09:33:51| Auto Dealers - Topix.net

A Lubbock auto dealer agreed Wednesday to settle a federal discrimination lawsuit filed by the Equal Employment Opportunity Commission on behalf of a former manager who was diagnosed with multiple sclerosis. Benny Boyd Chevrolet-Chrysler-Dodge-Jeep, which is no longer in business, will pay $250,000 in damages and back pay to Randall Hurst, a former manager at the dealership, according to a consent decree signed by U.S. District Judge Sam Cummings.

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