Penske, Group 1 also feel profit pinch from BMW, Honda
28 July 2018, 08:00
Following a profit warning by Sonic Automotive Inc., fellow public retailers Penske and Group 1 said this week that they also felt a profit pinch in the second quarter because of incentive changes at BMW and Honda.
Source: http://www.autonews.com/article/20180727/RETAIL/180729760/penske-group-1-also-feel-profit-pinch-from-bmw-honda
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Following a profit warning by Sonic Automotive Inc., fellow public retailers Penske and Group 1 said this week that they also felt a profit pinch in the second quarter because of incentive changes at BMW and Honda.
Source: http://www.autonews.com/article/20180727/RETAIL/180729760/penske-group-1-also-feel-profit-pinch-from-bmw-honda
Back to news list