Industry Financial Reports

Penske: Q3 Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Wednesday reported third-quarter earnings of $355.1 million. The Bloomfield Hills, Michigan-based company said it had net income of $4.47 per...

Asbury Automotive: Q3 Earnings Snapshot

DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported third-quarter earnings of $147 million. On a per-share basis, the Duluth, Georgia-based company said it had profit of $7.54....

Dorman Products: Q3 Earnings Snapshot

COLMAR, Pa. (AP) _ Dorman Products Inc. (DORM) on Monday reported third-quarter net income of $33.1 million. On a per-share basis, the Colmar, Pennsylvania-based company said it had profit...

AutoNation: Q3 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) _ AutoNation Inc. (AN) on Thursday reported third-quarter net income of $361.7 million. The Fort Lauderdale, Florida-based company said it had profit of $5.12 per share.

Tesla hits record profit despite parts shortage, ship delays

By TOM KRISHERAP Auto Writer DETROIT (AP) _ Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net...

Lithia Motors: Q3 Earnings Snapshot

MEDFORD, Ore. (AP) _ Lithia Motors Inc. (LAD) on Wednesday reported third-quarter earnings of $307.9 million. On a per-share basis, the Medford, Oregon-based company said it had profit of $10.11. Earnings,...

Sweden’s Volvo Cars launches IPO, seeks Stockholm listing

HELSINKI (AP) _ The Chinese-controlled Swedish car maker Volvo Cars will make a return as a listed company after a hiatus of more than two decades following an initial public offering and share listing in Sweden...

Fastenal, Valvoline rise; Signet, Columbia Banking fall

NEW YORK (AP) _ Stocks that traded heavily or had substantial price changes Tuesday: Fastenal Co., up $1.60 to $53.83. The maker of...

Hertz names ex-Ford Motor chief Mark Fields as interim CEO

Car rental company Hertz has named industry veteran Mark Fields as its interim CEO. Fields, the former president and CEO of Ford Motor Co., joined Hertz's board in June. He...

CarMax: Fiscal Q2 Earnings Snapshot

RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Thursday reported fiscal second-quarter profit of $285.3 million. The Richmond, Virginia-based company said it had net income of $1.72 per share.