filmov
tv
AutoNation CEO on returning Paycheck Protection Program loans
Показать описание
AutoNation CEO Mike Jackson tells "Squawk Box" the company decided to withdraw applications for the Paycheck Protection Program and returned the money it received from the government after the Treasury Department said AutoNation is too large of a company to qualify for loan forgiveness.
The car retailer posted better-than-expected revenue for its latest quarter, even as it took $315 million in non-cash impairment charges due to the pandemic. AutoNation said sales strengthened during the final 10 days of April.
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
#CNBC
#CNBC TV
The car retailer posted better-than-expected revenue for its latest quarter, even as it took $315 million in non-cash impairment charges due to the pandemic. AutoNation said sales strengthened during the final 10 days of April.
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
#CNBC
#CNBC TV
AutoNation CEO on returning Paycheck Protection Program loans
AutoNation will cancel PPP application and return funds
AutoNation CEO on Q1 earnings, coronavirus impact on auto industry and more
Meet Cheryl Miller, AutoNation's History-Making CEO
AutoNation CEO Mike Jackson on stepping down, the state of autos and Tesla
How many Cars do you Sell a month?🤔🚗 #fyp #youtubeshorts #viral #car #sales #carsales #dealership...
PPP loans put workers with concerns about returning to jobs in tough position
Stamps.com CEO on rising demand as more people work from home
Treasury secretary says any PPP loan over $2 million will undergo 'full review'
Is the Paycheck Protection Program loan good for all businesses?
Public companies received $850 million in PPP funds
Over 220 companies applied for $870 million in PPP loans
What CEOs want in the next stimulus package
Stimulus impact will hit over the next few weeks: Bank of America CEO
April auto sales are down due to coronavirus pandemic
Big businesses beat small businesses to PPP loans | KVUE
Small business owners who used small banks say PPP money is hitting their accounts
Additional Changes Made: Should You Return Your PPP Loan NOW
Americans are struggling to repay their mortgages
U.S. consumer price index fell 0.8% in April, as expected
Does Your Pay Plan Suck in Automotive?
It's 'outrageous' the LA Lakers took a small business loan: U.S. Treasury Secretary S...
Atlanta Fed Ask Us Anything Series: Lessons from the Great Recession
Former Disney Parks executive: If the company says it's safe, people will come back
Комментарии