Sonic warns of weaker Q4 profits related to BMW, Honda challenges

Sonic warns of weaker Q4 profits related to BMW, Honda challenges http://bit.ly/2X33Riw Automotive — for the second time in three quarters — has issued a profit warning for weaker-than-predicted quarterly results related to incentives and performance from BMW and Honda. The retailer is set to release fourth-quarter results Feb. 20.

Subaru emphasizes safety, capability with Forester ad campaign

Subaru emphasizes safety, capability with Forester ad campaign http://bit.ly/2DJcxBM

Subaru of America has launched its national ad campaign for the redesigned 2019 Forester and much like the vehicle itself, the commercials have a familiar look and feel.

Lithia gets Q4 lift from used cars

Lithia gets Q4 lift from used cars http://bit.ly/2tiXvOx

A double-digit percentage rise in used-vehicle sales and higher finance-and-insurance income helped give Lithia Motors, the country's fourth-largest dealership group, a boost in fourth quarter revenue and adjusted earnings. But net income dropped on a comparison with the year-earlier quarter that included a large one-time tax benefit.

Lithia boosts revenue, results, though year-ago tax gains ding net income

Lithia boosts revenue, results, though year-ago tax gains ding net income http://bit.ly/2S16YDU

A double-digit percentage jump in used-vehicle sales and higher finance-and-insurance income helped give Lithia Motors, the country's fourth-largest dealership group, a boost in both revenue and adjusted earnings for the fourth quarter of 2018. But net income dropped on a comparison to a year-earlier quarter that included a large one-time tax benefit.

Break the rules? Expect the consequences

Break the rules? Expect the consequences http://bit.ly/2E8iA48

Dealerships should document the penalties for violating store policies. If an employee can plead ignorance to the consequences of breaking a rule at a dealership, there's something missing from the compliance standards.

Serious auto delinquencies reach highest level since 2012

Serious auto delinquencies reach highest level since 2012 http://bit.ly/2UVm3bZ

The New York Fed is keeping a close eye on a recent uptick in auto loan originations to borrowers with subprime credit and an increase in delinquencies among younger buyers.