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TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected CDK Global

TrueCar’s net losses shrink despite CDK Global cyberattack impact

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TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle...
Tesla will report its second-quarter earnings today. This earnings call will provide investors with insights into what's to come.

Tesla to report Q2 earnings amid decline in deliveries and investor...

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Tesla will report its second-quarter earnings after the bell today. This follows a July 2 report on vehicle deliveries that, while better than analysts...
Polestar

EV maker Polestar doubles revenue to $1 billion in first-half of...

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Polestar is positioning itself to be a dominant force in the EV market. The company announced newly updated financials for the first half of...
Rivian

Rivian Automotive’s Q2 revenue exceeds expectations, delivers 4,467 vehicles

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In a letter to shareholders, electric vehicle maker Rivian Automotive reported that revenue in the second quarter outperformed Wall Street expectations but went on to say...
Vroom

Vroom revenues fall 38% in Q2, missing consensus EPS estimates

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Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings...
Carvana

Carvana posts $439 M net loss for Q2, sales volume increases

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Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...
Lucid Motors

Lucid Motors decreases EV production target by 50%

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Supply chain problems continue to affect automakers, including Lucid Motors, who once again slashed EV production goals for the year. Shares of the vehicle...
Sonic Automotive

Sonic Automotive reports all-time record revenues and gross profit for Q2

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Sonic Automotive has reported its second quarterly earnings. According to a press release, Sonic Automotive had an all-time record adjusted earnings of $3.7 billion,...
Ford CEO Jim Farley in front of Ford logo

Ford Q2 earnings surpass expectations, raises shareholder dividend 50%

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Despite trouble with the global supply chain, Ford's adjusted earnings has tripled from a year ago to $3.7 billion as it increases deliveries. After the news was released,...

Penske Automotive reports its most profitable quarter to date

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Penske Automotive Group has reported its quarterly earnings for Q2 2022. According to a recent press release, Penske produced an all-time record for earnings...