(NEW YORK)Shares of several auto retailers rose Tuesday, after news that Hurricane Gustav had largely spared the Gulf Coast and its oil facilities sent the price of crude down and the overal...READ MORE
(NEW YORK)Shares of auto retailers jumped Monday as oil prices continued their fall and the broader market rallied. Light, sweet crude fell 63 cents to $114.57 a barrel on the New York Merca...READ MORE
(NEW YORK)Shares of automotive retailers tumbled Wednesday on worries that the continued decline in U.S. vehicle demand will result in steep drops in their sales and profits.READ MORE
Among the earnings stories for Wednesday, July 30, from AP Financial News: CANTON, Ohio (AP)--Specialty alloy maker Timken Co. said Wednesday its second-quarter earnings grew 61 pe...READ MORE
Among the earnings projection stories for Wednesday, July 30, from AP Financial News: BLOOMFIELD HILLS, Mich. (AP)--Auto retailer Penske Automotive Group Inc. cut its full-year ear...READ MORE
(BLOOMFIELD HILLS, Mich.)Auto retailer Penske Automotive Group Inc. cut its full-year earnings forecast Wednesday after reporting its second-quarter earnings declined on weaker sales.READ MORE
(BLOOMFIELD HILLS, Mich.)Auto retailer Penske Automotive Group Inc. said Wednesday its second-quarter profit slipped 1 percent as high gas prices and a tough retail environment weakened sales.READ MORE