income - Tagged Posts - Auto Dealer Today

Penske Automotive Group Sees Q2 Income Hike

Penske Automotive Group reported a 10% rise in income to $375.9 million in the second quarter, its most profitable quarter ever.

NADA: Franchised Dealership Payrolls Up Nearly 2%

Wages continue to rise for workers at U.S. new car dealerships, who earned an average of $72,800 in 2018, according to a midyear NADA Data report.

Equifax Adds Income, Employment Verification Tools

In addition to confirming basic income and employment information, dealers can now use this new verification technology to view an applicant's job tenure, officials said.

BLS: Auto Industry Adds 42,000 Jobs Since Last Year

The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.