Sonic warns of earnings hit on 'lower' BMW, Honda spiffs

18 July 2018, 08:00
The country's fifth-largest dealership group said lower manufacturer-to-dealer incentives will dampen second-quarter and full-year profits, with continued margin pressure expected on Honda and BMW sales in the third quarter.
Source: http://www.autonews.com/article/20180717/RETAIL07/180719793/sonic-warns-of-earnings-hit-on-lower-bmw-honda-spiffs

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