“I expect further improvements to our operating results in June.”
Penske Automotive Group, Inc. (NYSE:PAG) today said there were “improvements in automotive retail business conditions” when compared to March and April.
All US automotive retail dealership sales and service operations are open. As shelter in place orders impacted operations in April, new and used unit sales declined approximately 50% and service and parts gross profit declined by 52% when compared to April last year. Continue reading
NASCAR Finally Bans Confederate Traitors’ Flag at All Races, Venues and Properties
It’s time to remember and act upon once again the principles we fought the Civil War over.
As the next step in a journey that started in July of 2015 when NASCAR stated the desire to make events the most fan-friendly, welcoming environments in all of sports, NASCAR has now banned the Confederate Flag. (NASCAR Disavows Racist Confederate Flag) It did so at the urging of its only black driver Bubba Wallace Jr. who is about to field a car lettered with Black Lives Matter.
Yes, ongoing systemic racism and the ongoing murder in cold blood of black people by the police – including the gruesome George Floyd knee on the neck execution captured on camera by a brave young woman – has prompted NASCAR to ban the Traitor’s Flag entirely. The peaceful demonstrations, of course, continue to assert “Black Lives Matter.”
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