TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%
TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%
TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%


Q2 earnings

Sonic Automotive

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

- July 29, 2022
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, up 9% year-over-year. Sonic also record...
Articles Headlines
Ford CEO Jim Farley in front of Ford logo

Ford Q2 earnings surpass expectations, raises shareholder dividend 50%

- July 29, 2022
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, company shares were up 6%. Ford...
Articles Headlines

Penske Automotive reports its most profitable quarter to date

- July 28, 2022
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 this quarter. Earnings per share increased...
Articles Headlines
Group 1

Group 1 Automotive Q2 revenues increase 14.3% compared to 2021

- July 28, 2022
Group 1 Automotive also reported its second quarterly earnings despite chain supply problems and inventory shortages. The total revenue for Q2 that Group 1 reported is $4.1 billion, a 14.3%...
Articles Headlines
Lithia Motors

Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%

- July 25, 2022
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached just over $3.25 million, a 3.3%...
Articles Headlines
Tesla

Tesla offloads 75% of bitcoin holdings, Q2 revenue increases 42% YoY

- July 22, 2022
Tesla released its Q2 earnings earlier this week and exceeded analysts' expectations despite COVID-related closures at its Shanghai production facility. However, the quarter marked the end of Tesla's record revenue reporting. Revenue was...
Articles Headlines
AutoNation

AutoNation reports record quarterly earnings per share, new vehicle sales hindered by supply chain

- July 22, 2022
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation, the country's number one auto retailer,...
Articles Headlines
Mercedes-Benz USA

Mercedes-Benz USA second-quarter sales increase 6.9% YoY

- July 12, 2022
Mercedes-Benz USA reported sales of 79,105 Mercedes-Benz passenger cars and 19,730 vans for the second quarter of 2022, bringing the company's total for the quarter to 98,835 vehicles, an increase...
Articles Headlines
Tesla

Record quarterly profit announced by Tesla despite production challenges

- July 28, 2021
On Monday, Tesla released their financial results more than three weeks after reporting fantastic quarterly production numbers. For the first time in the EV maker’s history, quarterly GAAP net income...
Daily Automotive News Articles
GM

CBT Automotive Newscast: July 30, 2020

- July 30, 2020
Today's Featured Interview: Dealers Focus on Efficiency as COVID-19 Exposes Areas for Improvement COVID-19 has created a new standard of efficiency required for dealerships. Dealers have had to adjust their staffing strategies,...
Daily Newscast Headlines

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CBT News
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