Group 1 Automotive (NYSE:GPI) announced that it is evaluating the extent of damage at seven out of its eight import and domestic dealerships in Oklahoma City, OK caused by the hail storm on May 29.
According to the assessment, some of the facilities and inventories consisting of new and used vehicles were damaged. The company has informed that it is insured but it needs to incur after tax charges related to deductibles in the range of $1.8 million to $2.3 million or 7 cents to 10 cents per share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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