Day: April 29, 2021

Exterior Transforming Firm

In response to the unprecedented problem that we’re all going through, we at Yankee Home stay dedicated to protecting the stuff you worth most. We will proceed to offer you the identical consideration and care that you have come to anticipate while also making adjustments for the well being and well being of our customers and our workers. We are following the CDC tips for secure in home interactions and our assist workers are working remotely from their properties. We are additionally providing virtual consultations for your future home tasks and special financing choices to help you plan. If we are able to serve you in any way throughout these difficult occasions, please don’t hesitate to name us. The timeframe to turn tasks round can be affected by the availability of the product, Schmautz stated. The pandemic brought on manufacturing shutdowns and a halt to production across the same time … Read More

Penske Automotive Group Inc (PAG) Q1 2021 Earnings Call Transcript

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Penske Automotive Group Inc (NYSE:PAG)
Q1 2021 Earnings Call
Apr 28, 2021, 2:00 p.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Good afternoon, ladies and gentlemen. Welcome to the Penske Automotive Group First Quarter 2021 Earnings Conference Call. Today’s call is being recorded and will be available for replay approximately one hour after completion through May 5, 2021, on the company’s website under the Investors tab at www.penskeautomotive.com. I will now introduce Anthony Pordon, the company’s Executive Vice President of Investor Relations and Corporate Development. Sir, please go ahead.

Anthony R. PordonExecutive Vice President of IR & Corporate Development

Thank you, Maria. Good afternoon, everyone, and also thank you for joining us today. A press release detailing Penske Automotive Group’s first quarter 2021 financial results was issued this morning and is posted on our website

Read More

90% of UK car manufacturers struggling with new Brexit rules

UK car production rose 46.6% in March. Photo: Getty Images

UK car production rose 46.6% in March. Photo: Getty Images

Almost all car makers in the UK are having a hard time figuring out new trade rules post-Brexit, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday, as it announced that UK car production rose for the first time in 18 months.

“Automotive businesses are working incredibly hard to maintain output, with some nine-in-ten (91%) firms spending more time and resource managing UK/EU trade than in 2020,” the body said.

More than a third (36%) are devoting more resources to ‘rest of the world’ trade.

The SMMT said that as UK automotive is export-led, maintaining free and fair trade with all nations is “crucial to its future prosperity.”

WATCH: Daily politics briefing: April 29

Read more: Lotus to build electric sports cars in UK as part of £2.5bn plan

Exports to the EU, US and Asia were all

Read More