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Penske Sees Used Sales Go Up and Profits Decline
2015-04-30 02:19:50| AutomotiveDigest.com - Automotive Industry News
Penske Automotive Group says that it had higher used-car sales in the first quarter of this year, but lower gross margins. Year-over-year, used vehicle sales through its franchise dealer chain increased by 6.7% to 48,057 vehicles sold; and same-store used retail revenue increased by 5.56%. The average gross profit per used unit declined to $1,758 from $1,922 in the first quarter of 2014. The Article Penske Sees Used Sales Go Up and Profits Decline appeared first on Automotive Digest.
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Celadon sees big rise in quarterly revenue, profit
2015-04-29 09:03:06| Trucking - Topix.net
Celadon Group Inc. saw a big jump in profit in its latest quarter as revenue surged, the Indianapolis trucking company said Tuesday.
FCC sees first bid to block net neutrality rules implementation
2015-04-28 20:10:44| Telecom - Topix.net
The U.S. Federal Communications Commission has received the first request to delay the implementation of new Internet regulations from a communication architect who said the rules threaten his business, a filing disclosed on Wednesday showed. The FCC's new so-called net neutrality rules are slated to go into effect in June.
Greek PM sees EU deal by next week
2015-04-28 10:41:31| BBC News | Business | UK Edition
Prime Minister Alexis Tsipras says Greece is in the final stretch of talks with the EU and that he believes an interim deal will by in place by 9 May.
Honda sees flat profit ahead after tough year
2015-04-28 10:34:29| Auto Dealers - Topix.net
Honda Motor Co. said it is aiming for growth in the current fiscal year as it contends with unfavorable currency moves in emerging markets and tough competition from its rivals in Japan and the U.S. The Japanese auto maker said it is likely to post Yen525 billion in net profit, up 0.4% from a year earlier.
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