Author: Automotive News Breaking News Feed
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Cadillac needs better branding, new marketing chief says
Cadillac’s newly hired marketing chief says the brand can reclaim leadership of the United States luxury market if it backs a rejuvenated vehicle lineup with a stronger brand identity.
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Sonic’s Q3 net income more than doubles
Sonic Automotive’s third-quarter net income more than doubled as revenue from new and used vehicles improved. Sonic reported third-quarter net income of $23.3 million compared to $10 million a year earlier.