Tag: Q3 earnings
Polestar cements its position as a prominent EV competitor
Swedish carmaker Polestar released its third-quarter financial results on Friday, reporting skyrocketing revenue and gross profits as it continues to grow its position in...
Carvana’s Q3 losses shed light on slowing used car demand
Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly...
Subaru won’t produce EVs in the US due to McDonald’s competitive...
Subaru says it has no plans to invest in building electric cars in the US because of high inflation, saying it can't compete with...
Stellantis Q3 net revenues jump 29% from a year ago
Stellantis announced its third-quarter financial results on Thursday, showing an increase in both revenues and shipments as shortages of semiconductors begin to ease.
The automaker...
Ford Q3 earnings beat Wall Street expectations despite net loss of...
Ford Motor Company released its third-quarter financial results this week and narrowly beat Wall Street expectations while reporting a net loss of $827 million...
Public auto groups report strong third-quarter results
Four of the six public dealer groups released record-breaking third-quarter financial results on Wednesday, including Group 1 Automotive, AutoNation, Asbury Automotive Group, and Sonic...
Penske Automotive reports record Q3 revenue of $6.9 billion
Penske Automotive Group announced its third-quarter earnings on Wednesday, showing positive growth across almost all measurements.
The automotive and commercial truck retailer reported that revenue...
General Motors Q3 earnings beat estimates, posts record revenue of $41.9...
General Motors announced its third-quarter earnings on Tuesday, with results beating analysts' expectations and easing concerns about a possible recession.
The automaker reported diluted earnings...
Rivian production rose 67% in Q3, confirms 7,363 electric pickups and...
Electric vehicle maker Rivian announced that it produced more than 7,000 vehicles in the third quarter. The number marks the highest quarterly total for...
Ford October sales results paint a healthy picture of growth
On Wednesday, Ford announced their October 2021 sales results, and the news was of a healthy, thriving carmaker. Though the total vehicle sales are...
