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dealership

Astonishing dealer profits drive dealership values up through Q1 2022

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Merger and acquisition activity has been bustling for more than a year, and the first quarter of 2022 has proved no different. Surging demand...
brand watch

Q1 KBB Brand Watch Report results with Senior Research Manager Vanessa...

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Recently, Cox Automotive published the Q1 Kelley Blue Book Brand Watch Report, covering the non-luxury, luxury, and electrified segments. Joining anchor Jim Fitzpatrick on...
Vroom

Vroom releases Q1 Results, names new CEO

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This week, Vroom Inc. released its first-quarter results, which showed the online used car retailer outdid expectations for total sales, profit, and revenue. It also...
Lordstown Motors

Lordstown Motors announces $90M loss and stalled Foxconn deal for Q1

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Ohio-based Lordstown Motors released its first-quarter results on Monday, which reported a loss of $90 million and total available remaining cash of $203 million. The company...

Lucid Group releases Q1 results, says prices will rise in June

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Lucid Group released its first-quarter results last week, which showed the luxury electric automaker brought in $57.7 million in revenue and delivered 360 vehicles to its...
Stellantis

Stellantis Q1 revenue grows 12%, overall shipments down

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Stellantis released its first-quarter results, which showed that revenue had exceeded expectations as it rose 12% despite a 12% drop in vehicle sales. Revenue reached...
Sonic Automotive

Sonic Automotive reports powerful Q1 performance

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Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.  Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching...

Group 1 Automotive revenue soars in Q1

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Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net...
Hyundai

Hyundai releases Q1 results, sees a 19% increase in net profit

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Hyundai released its first-quarter results on Monday, which showed a 19% hike in net profit despite sales decreasing by almost ten percent. The automaker said various...

Renault releases Q1 results, says IPO still possible next year

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Electric vehicle maker Renault said Friday that although revenue had dropped to $10.6 billion throughout the first quarter, the decrease was not as significant as analysts...