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AUTO NEWS digest.

Publication: Automotive News
Publication Date: 27-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: AUTO NEWS digest.(NEWS)(less earnings for AutoNation Inc.)(Toyota Motor Corp's pricing)(Acura's new financing arm)

Article Excerpt
AutoNation sees small Q1 profit

FORT LAUDERDALE, Fla. AutoNation Inc. said it posted first-quarter net income of $34.6 million, despite U.S. light-vehicle sales rates that are at more than quarter-century lows. The first-quarter figure, which compares with a $50.7 million net profit in the year-ago quarter, included $8.5 million in special gains. Revenue in the quarter slipped to $2.5 billion, from $3.8 billion in the first...

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