GM's 1st-quarter profit to take hit from recalls
This was supposed to be the year when GM made a record $10 billion in profit. But the company, rocked by a recall crisis, will be hard pressed to avoid posting a loss when first-quarter earnings are released on Thursday.

Opel CEO targets No. 2 sales position in Europe in comeback drive
GM's Opel brand is targeting second place in deliveries in Europe in the coming years as new models attract buyers. Opel currently is the third-largest brand in the region, behind VW and Ford, according to data from the ACEA trade group.

Jaguar, Land Rover, Ford gain in blue-sky store values
Jaguar, Land Rover and Ford saw their blue-sky multiples increase in the second half, according to a study by a dealership buy/sell advisory firm. But BMW, Mini, Hyundai, VW and Mazda saw theirs decrease.

CPO sales rise 11% in 1st quarter
Industrywide sales of certified used vehicles rose 11 percent in the first quarter from the year-earlier level, with many companies registering double-digit increases.

2015 Ford Mustang order guide hints at key options
The 2015 Ford Mustang order guide is now available to U.S. dealers and the options include a lot of familiar stuff such as racing stripes and tech packages.

Asbury 1st-quarter sales, continuing-operations profit rise
Asbury Automotive Group reported a 3 percent profit slide for the first quarter of 2014, but improvements in all parts of the business drove profits from continuing operations up sharply.

AutoNation swipes at third-party car sites as it builds digital footprint
AutoNation wants to reduce its dependency on online lead generators and third-party shopping sites.

Asbury to open 2 used-vehicle stores; COO to retire
Asbury Automotive said today it will open two stand-alone used-vehicle stores later this year. The company plans to open the two used-vehicle stores in Florida under the 'Q auto' brand name.

Diane Sawyer CarFax

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