Group 1 Automotive News

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Group 1 Automotive Inc. has bought the former Grady BMW , ending the Grady family's 59-year run as auto dealership owners in Mobile.

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Group 1 Automotive Inc , the No. 4 U.S. auto dealership, posted a quarterly profit on Tuesday that was double the year-earlier figure, but its cautious outlook for the current quarter sent its shares down 12 percent.

Auto dealer Group 1 Automotive Inc. expects to turn in better third-quarter results than Wall Street analysts had forecast, thanks partly to Cash for Clunkers.

Auto dealers gained after Group 1 Automotive estimated higher than expected third quarter earnings.

Nyle Maxwell, the former mayor of Round Rock, is buying back two auto dealerships he sold to Group 1 Automotive a decade ago.

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Although the Cash for Clunkers vehicle trade-in program officially ends on Monday, it became clear on Friday that car buyers who wait that long may be disappointed.

Our analysts have issued free ratings reports on the following six companies: Big Lots Inc.

Last October, Scott Thompson barely had settled into the CEO's chair at Dollar Thrifty Automotive Group when the troubled company's lenders started talking about bankruptcy.

Last October, Scott Thompson barely had settled into the CEO's chair at Dollar Thrifty Automotive Group when the troubled company's lenders started talking about bankruptcy.

Last October, Scott Thompson barely had settled into the CEO's chair at Dollar Thrifty Automotive Group when the troubled company's lenders started talking about bankruptcy.

Last October, Scott Thompson barely had settled into the CEO's chair at Dollar Thrifty Automotive Group when the troubled company's lenders started talking about bankruptcy.

Last October, Scott Thompson barely had settled into the CEO's chair at Dollar Thrifty Automotive Group when the troubled company's lenders started talking about bankruptcy.

DETROIT &#151l Group 1 Automotive, the No. 4 U.S. dealership, has lowered its new vehicle inventory to the limit and has begun ordering models in short supply such as the Nissan Murano and Jeep Wrangler, the company's CEO said Tuesday .

Car retailer Group 1 Automotive said it has reduced the borrowing capacity under its credit arrangement with Ford Motor Credit for floorplan financing to $150 million, from $300 million, with no change to the terms or pricing.

Auto retailer Group 1 Automotive halved its borrowing capacity under its credit line with Ford Motor Company to $150 million because of lower sales.

Sterling McCall Toyota is among the dealerships owned by Group 1 Automotive, led by CEO Earl Hesterberg.