#used-vehicle-sales

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Business
from24/7 Wall St.
5 days ago

Sonic Automotive vs. Penske Automotive: Which Auto Dealer Stock Is the Better Buy?

Sonic's EchoPark used-vehicle concept achieved profitability with 78% EBITDA growth, while Penske faced margin pressure from SG&A costs despite record service revenue amid weak consumer sentiment.
Business
from24/7 Wall St.
4 months ago

Lithia Motors Beats 3Q Estimates

Lithia Motors delivered stronger-than-expected Q3 2025 results with $9.70B revenue and $9.50 adjusted EPS, driven by used-car share gains, after-sales margin expansion, and capital returns.
from24/7 Wall St.
6 months ago

As Hertz Announces Partnership with Amazon Automotive, Take a Look at 10 Underrated Used Car Models

Hertz Global Holdings just announced a partnership with Amazon's automotive retail platform, Amazon Autos, to sell pre-owned vehicles. The announcement boosted Hertz shares by 7%, while competitors like Avis, Carvana, and CarMax declined. The collaboration expands on Amazon Autos' 2024 launch and will initially serve customers within 75 miles of Dallas, Houston, Los Angeles, and Seattle. Future plans involve rolling out across Hertz Car Sales' 45 U.S. locations.
Cars
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