Nissan Raises Full-Year Forecast on Sales Outlook
TOKYO — Nissan Motor Co. said Wednesday its net profit for the July-September quarter slipped 4.3 percent from a year earlier, but the automaker raised its earnings outlook for the full-year on...
View ArticleDaimler Expects Rapid Sales Growth
STUTTGART—Daimler AG expects significant growth in vehicle sales in 2012, but the German auto giant’s outlook for earnings remains more cautious as it invests heavily in new production facilities and a...
View ArticleGM Revival Slows Down
General Motors Co. posted a lackluster first quarter, showing some improved profitability but weakness overseas and continued losses to rival Ford Motor Co. in North America, its strongest market. GM...
View ArticleAutoNation Reports Rise in New-Vehicle Sales, Record-Setting F&I Performance
FORT LAUDERDALE, Fla. — AutoNation Inc. recorded a 15 percent increase in third-quarter profits from a year ago behind rebounding new-vehicle sales and a record-setting performance by the group’s...
View ArticleAsbury’s Third-Quarter Profit Jumps 68 Percent
DULUTH, Ga. — Balanced contributions from all business areas drove 68 percent increase in third-quarter profit for Asbury Automotive Group. The operation also reported a revenue increase of 14 percent...
View ArticleChrysler Posts Best Oct. Sales in Five Years
Auburn Hills, Mich. – Chrysler Group LLC reported U.S. sales of 126,185 units, a 10 percent increase compared with sales in October 2011 (114,512 units), and the group’s best October sales since 2007....
View ArticleCarMax Soars as Earnings, Revenues Top Analyst Estimates
CarMax Inc., the biggest U.S. auto dealer by market valuation, soared the most in five years after its fiscal first-quarter earnings and revenue topped analyst estimates as increased customer traffic...
View ArticleAutoNation Discusses CFPB, Digital Push
FORD LAUDERDALE, Fla. — In a quarter in which it posted record second-quarter earnings per share (EPS) from continuing operations, AutoNation’s F&I operations realized an 11.5% increase in revenue...
View ArticleHarley-Davidson Profit Slips, but Shipments In Line With Expectations
Harley-Davidson Inc. posted lower earnings and revenue during the third quarter as motorcycle shipments declined as expected, reported The Wall Street Journal. The company’s earnings topped analysts’...
View ArticleGM Financial Triples Share of GM Leases
SAN FRANCISCO AND FORTWORTH, Texas — Ally’s reaction to General Motors internalizing its leasing program came up at the end of GM Financial’s fourth quarter 2014 earnings call. Daniel Berce, the...
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