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Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand
Reuters via Yahoo Finance· 2 days agoAuto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares ...
3 Auto Stocks Poised to Outpace Q1 Earnings Estimates
Zacks· 1 day agoThe first-quarter earnings season for the Auto-Tires-Trucks sector has shifted to high gear this...
Ford’s 1Q net income falls 24%
MLive.com· 22 minutes agoFord Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline....
Toyota hits record annual output, sales on robust demand
Reuters via Yahoo Finance· 7 hours agoTOKYO (Reuters) -Toyota Motor said on Thursday its global sales and production hit record highs in...
Hyundai Motor Q1 hurt by weak home sales, doubles down on hybrids, India
Reuters via Yahoo Finance· 7 hours agoSouth Korean automaker Hyundai Motor Co warned on Thursday of intensifying competition and uncertain...
Ford profit beats on commercial sales; EVs still dragging By Reuters
Investing.com· 14 hours agoFord shares rose more than 3% in after-market trading on the news. In the near term, hybrids are a...
VW to grow China sales to 4 million units in 2030
China Daily· 14 hours agoVolkswagen AG expects to scale up its sales to 4 million units in 2030 in China, which CEO Oliver Blume said is the German carmaker's "second home market". The 2030 sales goal, which was announced ...
OLD REPUBLIC REPORTS RESULTS FOR THE FIRST QUARTER 2024
Morningstar· 57 minutes agoCHICAGO, April 25, 2024 /PRNewswire/ -- OVERALL RESULTS Quarters Ended March 31, 2024 2023 % Change Pretax income $ 398.7 $ 249.2 Pretax investment gains 167.1 26.2 Pretax income excluding investment gains $ 231.5 $ 222.9 3.9 % Net income
Hyundai doubles down on hybrids after Q1 profit slips 2.4%
Automotive News· 2 hours agoSales in South Korea, its second-biggest market after the U.S., slumped 16 percent, as consumers grappled with surging inflation and a weak economy. Domestic sales were also impacted by the ...
Auto Review: Two new Toyotas sure to satisfy your soul
The Fargo Forum· 2 days agoToyota has long been America’s favorite automaker, even if it hasn't always topped the sales charts....