Group 1 Automotive: Q3 Earnings Snapshot

Asbury Automotive: Q3 Earnings Snapshot

DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Asbury Automotive Group Inc. (ABG) on Tuesday reported third-quarter earnings of $147.1 million.

Group 1 Automotive: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Group 1 Automotive Inc. (GPI) on Tuesday reported third-quarter profit of $12.8 million. The Houston-based company said it had profit of $1 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $10.45 per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $10.64 per share. The auto dealer…

Group 1 UK to part ways with JLR franchises

Group 1 UK is to part ways with the JLR franchises as it continues to restructure its UK operations. It said it is continued to work with other carmakers and it expected this to result in the sale or closure of additional points In a statement accompanying £3 results, it said: “The U.K. economy continues to face challenges, including persistent inflation, elevated interest rates, rising energy costs and a slowdown in consumer spending. These fac…