03-06-2008, 04:59 PM
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#16 |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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Auto Retailers are getting hammered by Wall Street
The tone of the Stock Market has been bearish and the Auto Retailers have been getting hit hard.
Lithia's Closing Price of $9.14 appears to be an all time low. AutoNation's Closing Price of $13.88 appears to be a Five Year low. Hopefully Lithia's two new L2 stores will add revenues/profits so they can offset the softness in the new vehicle market. Sonic seems to have boosted their results by focusing more attention on used cars, maybe the same strategy will work for Lithia? |
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03-06-2008, 06:24 PM
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#17 |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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This is the first thread to go to two pages
I just noticed that this is the first thread on DealershipForum.com to make it to two pages.
I wonder if everyone will be able to figure out how to get to the second page? 
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