Industry Financial Reports

Advance Auto Parts: Q1 Earnings Snapshot

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Advance Auto Parts Inc. (AAP) on Thursday reported first-quarter net income of $24 million. The Raleigh, North Carolina-based company said it...

CarParts.com: Q1 Earnings Snapshot

TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — CarParts.com, Inc. (PRTS) on Tuesday reported a loss of $15.3 million in its first quarter. On a per-share basis, the Torrance,...

China Automotive Systems: Q1 Earnings Snapshot

JINGZHOU, China (AP) — JINGZHOU, China (AP) — China Automotive Systems Inc. (CAAS) on Wednesday reported first-quarter net income of $7.1 million. The Jingzhou, China-based company said it had...

BorgWarner: Q1 Earnings Snapshot

AUBURN HILLS, Mich. (AP) — AUBURN HILLS, Mich. (AP) — BorgWarner Inc. (BWA) on Wednesday reported first-quarter profit of $157 million. The Auburn Hills, Michigan-based company said it had...

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

By MICHELLE CHAPMAN AP Business Writer General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high...

Cummins: Q1 Earnings Snapshot

COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Monday reported first-quarter earnings of $824 million. On a per-share basis, the Columbus, Indiana-based company said it...

Lear: Q1 Earnings Snapshot

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Lear Corp. (LEA) on Tuesday reported first-quarter profit of $80.7 million. On a per-share basis, the Southfield, Michigan-based company said it...

Ford says its Q1 profit fell by two-thirds and it expects a $1.5 billion...

DEARBORN, Mich. (AP) — Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year and is withdrawing its full-year financial guidance due...

Penske: Q1 Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — Penske Automotive Group Inc. (PAG) on Wednesday reported first-quarter net income of $244.3 million. The Bloomfield Hills, Michigan-based company...

Standard Motor Products: Q1 Earnings Snapshot

LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — Standard Motor Products Inc. (SMP) on Wednesday reported first-quarter profit of $12.6 million. On a per-share basis,...