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What: Shares of auto retailer Group 1 Automotive
So what: Recession-strapped consumers don't buy big-ticket items like cars, right? Well apparently they're out buying used cars in droves, because a 34% surge in used car sales gave a major boost to Group 1's results. Not to be totally outdone, new vehicle sales were up 13%, which is particularly impressive since this time last year sales were getting a boost from "Cash for Clunkers." Overall, the company saw a 10% advance in operating income and earnings per share of $0.83 beat analysts' $0.75 expectation.
Now what: If Ford's
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