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TEGNA Board Approves Spin-Off of Cars.com

McLEAN, Va. – TEGNA Inc. today announced that its board of directors has approved the previously announced spin-off of Cars.com, which will create two publicly traded companies: TEGNA, a media company with the largest broadcast group among major network affiliates in the top 25 markets, and Cars.com. The spin-off will be affected through a pro … Read More »

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TEGNA Board Approves Spin-Off of Cars.com

McLEAN, Va. – TEGNA Inc. today announced that its board of directors has approved the previously announced spin-off of Cars.com, which will create two publicly traded companies: TEGNA, a media company with the largest broadcast group among major network affiliates in the top 25 markets, and Cars.com. The spin-off will be affected through a pro … Read More »

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Sonic: Record F&I Performance Offset by Lower Retail Sales

CHARLOTTE, N.C. — The record per-copy average Sonic Automotive’s F&I operations delivered in the first quarter added $700,000 to total F&I gross. But those gains were entirely offset by lower overall retail sales. On a same-store basis, F&I operations increased F&I profit per unit retailed by $11 from a year ago to $1,370. But with … Read More »

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Sonic: Record F&I Performance Offset by Lower Retail Sales

CHARLOTTE, N.C. — The record per-copy average Sonic Automotive’s F&I operations delivered in the first quarter added $700,000 to total F&I gross. But those gains were entirely offset by lower overall retail sales. On a same-store basis, F&I operations increased F&I profit per unit retailed by $11 from a year ago to $1,370. But with … Read More »

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Three Days Left to Register Online for Agent Summit

LAS VEGAS — Online registration for the upcoming Agent Summit will close at midnight this Friday, May 19, organizers announced. The four-day event will begin Sunday, May 21, at Paris Las Vegas. Registering online, rather than onsite, guarantees admittance and avoids the risk of being turned away at the door, said David Gesualdo, show chair … Read More »

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Agent Summit Online Registration Closes This Week

LAS VEGAS — Organizers of the upcoming Agent Summit have announced that online registration will close at midnight this Friday, May 19. The event will be held May 21–24, 2017, at Paris Las Vegas. “I want to thank everyone who has registered so far and encourage everyone else to register online, rather than onsite,” said … Read More »

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