Industry Financial Reports

Group 1 Automotive: Q2 Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported second-quarter profit of $184.5 million. On a per-share basis, the Houston-based company said it had net income of $10.35. Earnings,...

Sonic Automotive: Q2 Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Sonic Automotive Inc. (SAH) on Thursday reported second-quarter earnings of $113.8 million. The Charlotte, North Carolina-based company said it had net income of $2.63 per share.

Volkswagen earnings beat pre-pandemic levels

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) _ Germany's auto industry showed more strong results Thursday as Volkswagen's earnings and profit margins beat pre-pandemic levels and the company raised its...

O’Reilly Automotive: Q2 Earnings Snapshot

SPRINGFIELD, Mo. (AP) _ O'Reilly Automotive Inc. (ORLY) on Wednesday reported second-quarter net income of $585.5 million. The Springfield, Missouri-based company said it had profit of $8.33 per share.

Ford posts 2Q profit

By TOM KRISHERAP Auto Writer DETROIT (AP) _ Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chips...

Monro: Fiscal Q1 Earnings Snapshot

ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc. (MNRO) on Wednesday reported fiscal first-quarter profit of $15.7 million. On a per-share basis, the Rochester, New York-based company said it...

Penske: Q2 Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Wednesday reported second-quarter profit of $338.9 million. On a per-share basis, the Bloomfield Hills, Michigan-based company said it had profit...

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...