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Industry Financial Reports

Nissan returns to profit, forecasts profit for year

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S....

Asbury Automotive: Q2 Earnings Snapshot

DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported second-quarter net income of $152.1 million. On a per-share basis, the Duluth, Georgia-based company said it had profit of...

Tesla reaches milestone with first $1B quarterly profit

By MICHAEL LIEDTKEAP Business Writer SAN RAMON, Calif. (AP) _ Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through...

Tata Motors: Fiscal Q1 Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Monday reported a loss of $603.5 million in its fiscal first quarter. The Mumbai, India-based company said it had a...

Dorman Products: Q2 Earnings Snapshot

COLMAR, Pa. (AP) _ Dorman Products Inc. (DORM) on Monday reported second-quarter net income of $31.6 million. On a per-share basis, the Colmar, Pennsylvania-based company said it had profit...

Lithia Motors: Q2 Earnings Snapshot

MEDFORD, Ore. (AP) _ Lithia Motors Inc. (LAD) on Wednesday reported second-quarter profit of $304.9 million. On a per-share basis, the Medford, Oregon-based company said it had net income of $10.75....

AutoNation: Q2 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) _ AutoNation Inc. (AN) on Monday reported second-quarter earnings of $384.8 million. The Fort Lauderdale, Florida-based company said it had profit of $4.83 per share.

Tesla delivers more than 200,000 vehicles in 2nd quarter

DETROIT (AP) _ Tesla says it delivered 201,250 electric vehicles in the second quarter as it overcame a global computer chip shortage that has hit nearly every automaker. The sales...

CarMax: Fiscal Q1 Earnings Snapshot

RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Friday reported fiscal first-quarter net income of $436.8 million. The Richmond, Virginia-based company said it had profit of $2.63 per share.

GM raises forecast, says chip shortage not as bad as feared

DETROIT (AP) _ General Motors Co. says efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve over previous forecasts. The company...