Friday, July 27, 2018

Penske, Group 1 also feel profit pinch from BMW, Honda

Penske, Group 1 also feel profit pinch from BMW, Honda https://ift.tt/2AmSVF0 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.

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