Industry Financial Reports

Standard Motor Products: Q2 Earnings Snapshot

LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — Standard Motor Products Inc. (SMP) on Thursday reported second-quarter net income of $17.1 million. On a per-share...

Lithia Motors: Q2 Earnings Snapshot

MEDFORD, Ore. (AP) — MEDFORD, Ore. (AP) — Lithia Motors Inc. (LAD) on Thursday reported second-quarter profit of $214.2 million. On a per-share basis, the Medford, Oregon-based company said...

Toyota reports record quarterly profit, boosted by a weak yen and despite a certification...

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota reported Thursday that its April-June profit rose 1.7%, boosted by a favorable exchange rate, as vehicle sales grew around...

AutoNation: Q2 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — AutoNation Inc. (AN) on Wednesday reported second-quarter earnings of $130.2 million. On a per-share basis, the Fort Lauderdale, Florida-based...

Penske: Q2 Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — Penske Automotive Group Inc. (PAG) on Wednesday reported second-quarter earnings of $241.2 million. The Bloomfield Hills, Michigan-based company said...

BorgWarner: Q2 Earnings Snapshot

AUBURN HILLS, Mich. (AP) — AUBURN HILLS, Mich. (AP) — BorgWarner Inc. (BWA) on Wednesday reported second-quarter earnings of $303 million. The Auburn Hills, Michigan-based company said it had...

CarParts.com: Q2 Earnings Snapshot

TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — CarParts.com, Inc. (PRTS) on Tuesday reported a loss of $8.7 million in its second quarter. The Torrance, California-based company said it...

Stubborn warranty costs push down Ford’s 2Q net profits, causing stock plunge in after-hours...

By TOM KRISHER AP Auto Writer DETROIT (AP) — In October of 2020, Ford's then-new CEO Jim Farley said the company was working to cut warranty costs after glitch-prone...

O’Reilly Automotive: Q2 Earnings Snapshot

SPRINGFIELD, Mo. (AP) — SPRINGFIELD, Mo. (AP) — O'Reilly Automotive Inc. (ORLY) on Wednesday reported second-quarter net income of $622.8 million. On a per-share basis, the Springfield, Missouri-based company...

Carmaker Stellantis pledges to tackle problems in North America as profits plunge

MILAN (AP) — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings. U.S.-European automaker Stellantis reported...