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Sonic warns of weaker Q4 profits related to BMW, Honda challenges

Sonic Automotive — for the second time in three quarters — has issued a profit warning for weaker-than-predicted quarterly results related to incentives and performance from BMW and Honda. The retailer is set to release fourth-quarter results Feb. 20.
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McLaren says it won't offer an SUV, ever

Despite the market pressures being put on premium automakers to offer SUVs, the McLaren brand will remain a holdout. There is "no compromise" on that point, said Mark Roberts, head of design operations for McLaren Automotive.
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