Industry Financial Reports

Magna: Q4 Earnings Snapshot

AURORA, Ontario (AP) _ AURORA, Ontario (AP) _ Magna International Inc. (MGA) on Friday reported fourth-quarter earnings of $95 million. The Aurora, Ontario-based company said it had profit of...

Japan’s Honda boosts profit despite chips crunch, COVID

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Honda reported a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials.

 Japan’s Nissan reports better profit as chip crunch eases

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Nissan reported a 55% jump in its October-December profit Thursday, as the Japanese automaker gears up for a less bumpy journey with its French alliance...

Toyota reports 8% drop in Oct-Dec profit, keeps forecast

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Toyota reported an 8.1% drop in fiscal third quarter profit Thursday, as a global shortage of computer chips and soaring raw material costs...

O’Reilly Automotive: Q4 Earnings Snapshot

SPRINGFIELD, Mo. (AP) _ SPRINGFIELD, Mo. (AP) _ O'Reilly Automotive Inc. (ORLY) on Wednesday reported fourth-quarter earnings of $528.6 million. The Springfield, Missouri-based company said it had net income of $8.37...

Cerence: Fiscal Q1 Earnings Snapshot

BURLINGTON, Mass. (AP) _ BURLINGTON, Mass. (AP) _ Cerence Inc. (CRNC) on Wednesday reported a fiscal first-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.

 Penske: Q4 Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) _ BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Wednesday reported fourth-quarter earnings of $298 million. The Bloomfield Hills, Michigan-based company said it had...

Ford 4Q profit drops 90%, CEO pledges better execution

By TOM KRISHERAP Auto Writer DETROIT (AP) _ Ford Motor Co.'s fourth-quarter net income fell 90% from a year earlier as shortages of computer chips and other parts slowed factories and cut vehicle...

Asbury Automotive: Q4 Earnings Snapshot

DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Thursday reported fourth-quarter profit of $353.2 million. The Duluth, Georgia-based company said it had net income of $15.95 per share. Earnings,...

Lear: Q4 Earnings Snapshot

SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Thursday reported fourth-quarter profit of $117.5 million. On a per-share basis, the Southfield, Michigan-based company said it had net income of...