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Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group’s ability to continue as a going concern.

Tags: Dealership Group, Dividend, Doubts, Going Concern, Sonic, Sonic Automotive, Sonic Automotive Inc

Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group’s ability to continue as a going concern.

Tags: Dealership Group, Dividend, Doubts, Going Concern, Sonic Automotive, Sonic Automotive Inc

Supplier ArvinMeritor Inc. today said it posted a net loss from continuing operations of $991 million for its fiscal first quarter that ended Dec. 28. That compared with a loss of $1 million a year earlier.

Tags: 1 Million, Arvinmeritor, Arvinmeritor Inc, Dividend, First Quarter, Supplier ArvinMeritor Inc., USD

ArvinMeritor Inc. posted a nearly $1 billion net loss on impairment, tax and other charges in its first fiscal quarter with revenue dropping more 17 percent from the same period last year.

Tags: 1 Billion, Arvinmeritor, Arvinmeritor Inc, Dividend, Fiscal Quarter