Auto retailer says revenue hit $6.9 billion, up from $6.7 billion a year earlier.
CFO calls electric-vehicle market ‘brutal.’
Toyota Motor North America has 12% increase.
The company reported a profit before tax of $326 million for the quarter ending in December.
Report shows those 60 days or more overdue reached 10-year high.
Widens year-over-year net loss to $1.72 billion.
Used-car retailer misses expectations in face of industry pressures.
Soaring material and parts costs offset benefits gained from a plunging Japanese yen and production rebound.
Carmaker has best quarter of year despite overall industry problems.
FORD LAUDERDALE, Fla. — Strong performances in all of AutoNation Inc.’s business sectors — particularly the group’s F&I operations, which continued to live above $1,500 per copy during the period — drove record third-quarter results for the nation’s largest dealer group. While F&I accounted for 4.3% of the company’s $5.1 billion in same-store revenue, F&I ... Read More »
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