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Sonic Automotive Reports First Quarter 2026 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Summary First quarter record total revenues of $3.7 billion, up 1% year-over-year; first quarter record total gross profit of $598.8 million, up 6% year-over-year Reported net income in the first quarter was $...
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Generational Group Advises on the Acquisition of OK Tire Kitchener Location by OK Tire Guelph Ownership Team
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of the OK Tire location in Kitchener, Ontario by the ownership team behind OK Tire Guelph. The transaction closed March 13, 2026. The change of ownership represents continued growth within the OK Tire network, one of Canada’s largest independent, dealer-owned tire and automotive service networks, with more than 300 locations nationwide. The...
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POLYN Technology Announces Tapeout of Automotive Chip
TEL AVIV, Israel--(BUSINESS WIRE)--POLYN reached a milestone in its VibroSense chip, which advances accuracy of tire-road grip monitoring, enhancing safety and driving efficiency....
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Vehlo’s Solutions Now Support the Requirements of the Ford Commitment Program
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Total Customer Connect and Dealerlogix, driven by Vehlo, are providing their fixed operations software and communications platforms to Ford dealerships nationwide as part of a select group of Preferred Partners. The partnership focuses on Ford’s commitment to Video Multi-Point Inspections. Both Total Customer Connect and Dealerlogix will give dealerships an edge by enabling them to stay in contact with customers through video text messaging and a cloud-based s...
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Myers Industries Shareholders Elect Tribby Warfield to Board of Directors
AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Shareholders Elect Tribby Warfield to Board of Directors...
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JK Moving Services’ Carbon Accounting Program Helps Enterprise Reduce Greenhouse Gas Emissions
STERLING, Va.--(BUSINESS WIRE)--JK Moving Services made significant strides in formalizing its commitment to reducing its carbon footprint, earning it a SME-B rating....
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Blain’s Farm & Fleet Celebrates Spring with Blain’s Fest 2026
JANESVILLE, Wis.--(BUSINESS WIRE)--Blain’s Farm & Fleet Celebrates Spring with Blain’s Fest 2026...
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Blain's Farm & Fleet Earns Spot on Newsweek’s Greatest Workplaces for Mental Well-Being 2026 List
JANESVILLE, Wis.--(BUSINESS WIRE)--Blain's Farm & Fleet Earns Spot on Newsweek’s Greatest Workplaces for Mental Well-Being 2026 List...
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CenterOak Partners Acquires Grismer Tire & Auto Service
DALLAS--(BUSINESS WIRE)--CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced that it has completed a majority recapitalization of Grismer Tire & Auto Service (“Grismer” or the “Company”), a leading operator of tire and automotive service centers. Terms of the transaction were not disclosed. Headquartered in Dayton, Ohio, Grismer operates 28 locations across the Dayton, Columbus, and Cincinnati metropolitan areas. Founded more than 90 years ago, the Comp...
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Terreno Realty Corporation Announces Lease in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL...