China Automotive Systems: Q1 Earnings Snapshot
JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Wednesday reported first-quarter net income of $3.2 million.
The Jingzhou, China-based company said it had profit of 10 cents per share.
Japan’s Toyota says profit soared in Jan-March
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese automaker's...
Japan’s Nissan sees smaller loss, promises sales recovery
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the Japanese automaker said...
China propels BMW to strong profits
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) _ Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the...
Lear: Q1 Earnings Snapshot
SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Friday reported first-quarter net income of $203.7 million.
The Southfield, Michigan-based company said it had profit of $3.36 per share. Earnings,...
Cars.com: Q1 Earnings Snapshot
CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported first-quarter net income of $5.3 million, after reporting a loss in the same period a year earlier.
The Chicago-based company...
Volkswagen profits jump as China leads pandemic rebound
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) _ Volkswagen Group's after-tax profit rebounded strongly to 3.4 billion euros ($4.1 billion) in the first three months of the year as sales...
Stellantis reports 14% increase in first quarter
By COLLEEN BARRYAP Business Writer
MILAN (AP) _ The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite...
GM profit surges to $2.98B on sales of higher-margin trucks
By TOM KRISHERAP Auto Writer
Detroit (AP) _ General Motors' first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by...
Ferrari: Q1 Earnings Snapshot
MARANELLO, Italy (AP) _ Ferrari NV (RACE) on Tuesday reported first-quarter profit of $247.1 million.
On a per-share basis, the Maranello, Italy-based company said it had net income of $1.34.