Industry Financial Reports

China, global recovery boost profit at automaker Daimler

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) _ German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros ($5.3 billion) in the first three months of...

AutoNation: Q1 Earnings Snapshot

FORT LAUDERDALE, Fla. (AP) _ AutoNation Inc. (AN) on Tuesday reported first-quarter net income of $239.4 million, after reporting a loss in the same period a year earlier. The...

Tesla 1Q sales of 185K more than double last year’s numbers

DETROIT (AP) _ Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The...

CarMax: Fiscal Q4 Earnings Snapshot

RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Thursday reported fiscal fourth-quarter earnings of $209.9 million. On a per-share basis, the Richmond, Virginia-based company said it had net income...

BMW remained profitable in 2020 with strong second half

FRANKFURT, Germany (AP) _ German luxury automaker BMW says net profit fell 23% last year to 3.86 billion euros ($4.62 billion) as the pandemic shuttered factories in the first part of the year. The maker...

Volkswagen weathers pandemic with $10.7 billion profit

FRANKFURT, Germany (AP) _ German automaker Volkswagen said Friday it made a better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the disruption from the pandemic.

Cars.com: 4Q Earnings Snapshot

CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported fourth-quarter net income of $7.2 million, after reporting a loss in the same period a year earlier. The Chicago-based company...

Dorman Products: 4Q Earnings Snapshot

COLMAR, Pa. (AP) _ Dorman Products Inc. (DORM) on Monday reported fourth-quarter profit of $36 million. The Colmar, Pennsylvania-based company said it had net income of $1.11 per share....

Dana: 4Q Earnings Snapshot

MAUMEE, Ohio (AP) _ Dana Inc. (DAN) on Thursday reported fourth-quarter net income of $40 million. On a per-share basis, the Maumee, Ohio-based company said it had net income...

Sonic Automotive: 4Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Sonic Automotive Inc. (SAH) on Wednesday reported fourth-quarter earnings of $57.3 million. On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.30....