Industry Financial Reports

Ferrari: Q4 Earnings Snapshot

MARANELLO, Italy (AP) _ Ferrari NV (RACE) on Thursday reported net income of $225.7 million in its fourth quarter. On a per-share basis, the Maranello, Italy-based company said it had net...

GM quarterly profit jumps 16% as sales rebound late in 2022

By TOM KRISHERAP Auto Writer DETROIT (AP) _ Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors' fourth-quarter net income up 16% over...

Tesla says its 4Q profit up 59%, expects strong margins

By TOM KRISHERAP Auto Writer DETROIT (AP) _ Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will...

Monro: Fiscal Q3 Earnings Snapshot

ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc. (MNRO) on Wednesday reported fiscal third-quarter profit of $13 million. The Rochester, New York-based company said it had net income of...

Group 1 Automotive: Q4 Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Wednesday reported fourth-quarter profit of $152.4 million. On a per-share basis, the Houston-based company said it had profit of $10.76. Earnings, adjusted...

CarMax: Fiscal Q3 Earnings Snapshot

RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Thursday reported fiscal third-quarter net income of $37.6 million. On a per-share basis, the Richmond, Virginia-based company said it had profit of 24...

Tata Motors: Fiscal Q2 Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Thursday reported a loss of $118.5 million in its fiscal second quarter. On a per-share basis, the Mumbai, India-based company...

Rivian Automotive: Q3 Earnings Snapshot

IRVINE, Calif. (AP) _ Rivian Automotive, Inc. (RIVN) on Wednesday reported a loss of $1.72 billion in its third quarter. On a per-share basis, the Irvine, California-based company said it...

Honda’s profit rises on weak yen, strong motorcycle sales

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Honda Motor Corp. said Wednesday that its fiscal second quarter profit rose nearly 14% as a weaker yen boosted its overseas earnings and...

Nissan’s quarterly profit falls amid computer chip crunch

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Nissan's profit fell 68% in the last quarter as a shortage of computer chips hindered the Japanese automaker's ability to deliver vehicles to...