Financial News

The Board of Directors at Penske Automotive has approved a quarterly dividend of $0.96 per share. “Based on the strength of our balance sheet and continued strong cash flow, we…
RumbleOn reported Q1 financial results showing new powersports revenue decreased 0.9%, with a 0.6% increase in unit sales, driven by increased supply of new inventory and lower average selling price.…
Mazda North American Operations reported total April sales of 31,125 vehicles, a decrease of 3.8% compared to April 2023. Year-to-date sales totaled 131,228 vehicles sold; an increase of 8.7% compared…
Hertz Global Holdings reported results for its first quarter 2024 showing a rise in revenue but a challenge in fleet operating costs. First quarter revenue was $2.1 billion, up 2%…
Penske Automotive Group announced quarterly results for the first quarter of 2024. For the quarter, revenue increased 1.5% to $7.4 billion. Net income attributable to common stockholders was $215.2 million …
Toyota Motor North America announced executive leadership changes designed to drive continued growth, advance its commitment to vehicle electrification, and prepare for the future of mobility. Jack Hollis and Chris…
Glenview Finance, a financial institution headquartered in Charlotte, N.C., unveiled its Glenview Finance Bulk Purchasing Program, promising a new standard in automotive finance portfolio management. Glenview Finance offers a Bulk…
New bankruptcy filings during the first calendar quarter of 2024 (Jan. 1 through March 31) registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq…
Group 1 Automotive, a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., reported financial results for the first quarter of 2024. Current quarter net income…
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