Record sales prices drive GM profit up 56% to $10B last year
By TOM KRISHERAP Auto Writer
DETROIT (AP) _ General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global...
Tata Motors: Fiscal Q3 Earnings Snapshot
MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Monday reported a loss of $193.7 million in its fiscal third quarter.
The Mumbai, India-based company said it had a...
Tesla posts record profit, won’t produce new models in 2022
By TOM KRISHERAP Auto Writer
DETROIT (AP) _ Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer...
Monro: Fiscal Q3 Earnings Snapshot
ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc. (MNRO) on Wednesday reported fiscal third-quarter profit of $16.3 million.
The Rochester, New York-based company said it had profit of 48...
CarMax: Fiscal Q3 Earnings Snapshot
RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Wednesday reported fiscal third-quarter net income of $269.4 million.
The Richmond, Virginia-based company said it had net income of $1.63 per share. Earnings,...
Upstart electric vehicle maker Rivian posts $1.23B Q3 loss
DETROIT (AP) _ Electric vehicle upstart Rivian Automotive posted a $1.23 billion net loss in the third quarter due to costs from starting production of its pickup truck.
The company said in...
China Automotive Systems: Q3 Earnings Snapshot
JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Friday reported a third-quarter loss of $317,000, after reporting a profit in the same period a year earlier.
On a per-share...
Nissan returns to profit, ups forecast despite chips crunch
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Nissan reported a profit for the July-September quarter, managing to reverse earlier losses despite challenges that include shortages of computer chips and rising...
Honda lowers profit, vehicle sales forecast over chip crunch
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Japanese automaker Honda lowered its profit and vehicle sales forecasts for the fiscal year, pointing Friday to shortages of computer chips and rising material...
Cars.com: Q3 Earnings Snapshot
CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported third-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
On a per-share...