Industry Financial Reports

Toyota lifts forecast despite pandemic’s supply chain damage

By YURI KAGEYAMAAP Business Writer TOKYO (AP) _ Japan's top automaker Toyota reported Thursday a 33% jump in second fiscal quarter profit, as it raised its full year forecast despite supply chain...

Ferrari: Q3 Earnings Snapshot

MARANELLO, Italy (AP) _ Ferrari NV (RACE) on Tuesday reported third-quarter net income of $242.9 million. The Maranello, Italy-based company said it had net income of $1.31 per share.

Lear: Q3 Earnings Snapshot

SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Tuesday reported a third-quarter loss of $26.5 million, after reporting a profit in the same period a year earlier. On a...

Tata Motors: Fiscal Q2 Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Monday reported a loss of $600.1 million in its fiscal second quarter. The Mumbai, India-based company said it had a...

Sonic Automotive: Q3 Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Sonic Automotive Inc. (SAH) on Thursday reported third-quarter earnings of $84.5 million. The Charlotte, North Carolina-based company said it had net income of $1.95 per share. Earnings,...

Group 1 Automotive: Q3 Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported third-quarter profit of $172.1 million. On a per-share basis, the Houston-based company said it had net income of $9.33. Earnings,...

Volkswagen lowers sales outlook as chip shortage hits profit

FRANKFURT, Germany (AP) _ Volkswagen lowered its forecast for deliveries to customers Thursday and reported a decrease in operating profits for the third quarter as the global shortage of semiconductors disproportionately hit the company's...

O’Reilly Automotive: Q3 Earnings Snapshot

SPRINGFIELD, Mo. (AP) _ O'Reilly Automotive Inc. (ORLY) on Wednesday reported third-quarter profit of $558.7 million. The Springfield, Missouri-based company said it had profit of $8.07 per share.

GM 3Q profit falls 40% to $2.4B as chip shortage dings sales

By TOM KRISHERAP Auto Writer DETROIT (AP) _ High prices for trucks and SUVs helped General Motors post a $2.4 billion third-quarter profit despite factory closures due to a shortage of computer chips and other...

Monro: Fiscal Q2 Earnings Snapshot

ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc. (MNRO) on Wednesday reported fiscal second-quarter net income of $21 million. On a per-share basis, the Rochester, New York-based company said...