Industry Financial Reports

Group 1 Automotive: 4Q Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported fourth-quarter profit of $100.1 million. On a per-share basis, the Houston-based company said it had net income of $5.43. Earnings,...

Lear: 4Q Earnings Snapshot

SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Thursday reported fourth-quarter earnings of $201.6 million. The Southfield, Michigan-based company said it had net income of $3.33 per share. Earnings,...

Valvoline: Fiscal 1Q Earnings Snapshot

LEXINGTON, Ky. (AP) _ Valvoline Inc. (VVV) on Wednesday reported fiscal first-quarter net income of $87 million. The Lexington, Kentucky-based company said it had net income of 47 cents...

Hit by pandemic, oil giants Exxon, BP post huge 2020 losses

By DAVID KOENIGAP Business Writer DALLAS (AP) _ Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices.

Ferrari: 4Q Earnings Snapshot

MARANELLO, Italy (AP) _ Ferrari NV (RACE) on Tuesday reported fourth-quarter earnings of $313.7 million. The Maranello, Italy-based company said it had profit of $1.68 per share. Earnings, adjusted for non-recurring...

Asbury Automotive: 4Q Earnings Snapshot

DULUTH, Ga. (AP) _ Asbury Automotive Group Inc. (ABG) on Tuesday reported fourth-quarter profit of $89.1 million. The Duluth, Georgia-based company said it had profit of $4.59 per share. Earnings, adjusted...

Tata Motors: Fiscal 3Q Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Friday reported fiscal third-quarter net income of $394.1 million. On a per-share basis, the Mumbai, India-based company said it had...

Carmaker Stellantis shares jump in Milan, Paris on first day

By COLLEEN BARRYAP Business Writer MILAN (AP) _ Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to...

Volkswagen sold 9.3 million cars in pandemic year, down 15%

FRANKFURT, Germany (AP) _ German automaker Volkswagen said its global sales fell 15.2% during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled...

Tesla’s annual sales up 36% but comes short of delivery goal

Editors Note UPDATES: Inserts two paragaphs at end of story to add more context and to update with Elon Musk's Tweet. NEW YORK (AP) _ Tesla's annual sales rose...