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Lucid Group releases Q1 results, says prices will rise in June

Lucid Group released its first-quarter results last week, which showed the luxury electric automaker brought in $57.7 million in revenue and delivered 360 vehicles to its...

Stellantis Q1 revenue grows 12%, overall shipments down

Stellantis released its first-quarter results, which showed that revenue had exceeded expectations as it rose 12% despite a 12% drop in vehicle sales. Revenue reached...

Volvo announces a 25% drop in sales for April

Volvo Car Group said this week that its sales for April totaled 47,150, down 24.8% year-over-year. Overall, sales dropped 47.8% in China, U.S. sales fell by...
Sonic Automotive

Sonic Automotive reports powerful Q1 performance

Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.  Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching...

Penske Automotive quarterly results reach all-time record

In its financial results report on Wednesday, Penske Automotive Group, Inc. said it had reached record high numbers for the first quarter. The transportation...

Group 1 Automotive revenue soars in Q1

Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net...

LMC Automotive and J.D. Power predict decline in new car sales...

LMC Automotive and J.D. Power said in a report on Wednesday that they are predicting a drop in new vehicle sales in the U.S....
Kia Niro EV

First-quarter Kia sales drop 0.6%, operating profit climbs

On Monday, South Korea-based Kia Corp released its first-quarter results and reported a slight drop in net profit and sales. Net profit ended at approximately $825...

Hyundai releases Q1 results, sees a 19% increase in net profit

Hyundai released its first-quarter results on Monday, which showed a 19% hike in net profit despite sales decreasing by almost ten percent. The automaker said various...

Renault releases Q1 results, says IPO still possible next year

Electric vehicle maker Renault said Friday that although revenue had dropped to $10.6 billion throughout the first quarter, the decrease was not as significant as analysts...