Tesla delivers more than 200,000 vehicles in 2nd quarter
DETROIT (AP) _ Tesla says it delivered 201,250 electric vehicles in the second quarter as it overcame a global computer chip shortage that has hit nearly every automaker.
The sales...
CarMax: Fiscal Q1 Earnings Snapshot
RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Friday reported fiscal first-quarter net income of $436.8 million.
The Richmond, Virginia-based company said it had profit of $2.63 per share.
GM raises forecast, says chip shortage not as bad as feared
DETROIT (AP) _ General Motors Co. says efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve over previous forecasts.
The company...
Monro: Fiscal Q4 Earnings Snapshot
ROCHESTER, N.Y. (AP) _ Monro Muffler Brake Inc. (MNRO) on Thursday reported fiscal fourth-quarter net income of $11.8 million, after reporting a loss in the same period a year earlier.
Tata Motors: Fiscal Q4 Earnings Snapshot
MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Tuesday reported a loss of $1.04 billion in its fiscal fourth quarter.
The Mumbai, India-based company said it had a...
Honda returns to quarterly profit despite pandemic damage
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Honda swung into the black in January-March, recording a 213 billion yen ($2 billion) profit despite the lingering impact of the pandemic.
China Automotive Systems: Q1 Earnings Snapshot
JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Wednesday reported first-quarter net income of $3.2 million.
The Jingzhou, China-based company said it had profit of 10 cents per share.
Japan’s Toyota says profit soared in Jan-March
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese automaker's...
Japan’s Nissan sees smaller loss, promises sales recovery
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) _ Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the Japanese automaker said...
China propels BMW to strong profits
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) _ Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the...