Lithia & Driveway on April 23 reported the highest first quarter revenue in company history, and a 35% increase in diluted earnings per share compared to the same period in…

Sonic Automotive on April 24 reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Summary First quarter record total revenues of $3.7 billion, up…

AutoNation, Inc. on April 25 reported first quarter 2025 revenue of $6.7 billion, an increase of 4% compared to the same period a year ago on a same-store basis. For…

Carvana Co., an industry pioneer for buying and selling used cars online, announced plans for an auction and reconditioning ‘Megasite’ integration in Colorado Springs. This effort will bring Carvana’s Inspection…

AutoNation announced the appointment of Jeremy Tucker as chief marketing officer. Tucker will join AutoNation’s Senior Leadership Team and report directly to the company’s Chief Executive Officer Mike Manley. “Jeremy’s…

Advance estimates of U.S. retail and food services sales for March 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $734.9 billion, up…

The Federal Trade Commission highlighted actions taken to protect consumers from impersonation scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government…

CarMax reported Q4 financials on April 10 showing combined retail and wholesale used vehicle unit sales were 301,811, an increase of 4.9% from the prior year’s fourth quarter, with net…