Earnings
Ford sees LCVs as key to European profit despite Brexit headwinds
Thu, 22, Jun 2017A strong sales performance in light commercial vehicles will help Ford be profitable in Europe this year, the automaker's regional boss said.
CarMax Q1 net jumps 21% on delayed consumer tax refunds
Wed, 21, Jun 2017CarMax's earnings surged 21 percent in its fiscal first quarter on a bump in used-vehicle sales driven by a delay in federal tax refunds.
'Numbers guy' Lohscheller must return Opel to profitability under PSA
Tue, 13, Jun 2017Opel's new CEO, Michael Lohscheller, faces the tough challenge of bringing sustainable profitability to the automaker after its sale to PSA Group by General Motors is completed.
Toyota forms cost-saving task force to arrest profit slide
Fri, 09, Jun 2017Toyota has created a task force comprising senior executives to oversee costs as Japan's biggest automaker seeks to arrest a slide in operating profit.
Ford to cut 1,400 salaried jobs in North America, Asia
Wed, 17, May 2017Ford said it plans to cut 10 percent of its salaried employees -- about 1,400 positions -- in North America and Asia to reduce costs amid slowing sales and growing investments in new technology.
One analyst sees a U.S. 'buyer's strike' on horizon
Thu, 08, Jun 2017Carmakers and auto parts suppliers traded weaker on Thursday after Morgan Stanley warned of an "unprecedented buyer's strike," and lowered its U.S. auto sales forecast by millions of units for each year though 2020.
Autoliv says it will accelerate beyond $12 billion annual sales target
Fri, 09, Jun 2017The near-collapse of airbag maker Takata has cleared the road for bigger rival Swedish rival Autoliv, but higher orders have yet to translate into share price gains.
Carvana Q1 net loss surges on expansion outlays
Tue, 06, Jun 2017Carvana, in its first quarterly report as a publicly traded company, reported a sharply wider loss on costs related to its expansion even as revenue surged.
Uber's head of finance exits as Q1 revenue rises, losses narrow
Thu, 01, Jun 2017Uber's revenue increased to $3.4 billion in the first quarter and losses narrowed, even as hundreds of thousands of people deleted the company's ride-hailing app.
Tesla split pits tech analysts vs. car analysts
Thu, 25, May 2017The Wall Street split on Tesla boils down to analysts who see the next Apple and those who perceive a lot more similarity with Studebaker.
Jaguar Land Rover's Q4 sales rise 16% to record high
Tue, 23, May 2017Jaguar Land Rover's profit margin improved in its latest quarter on strong demand for SUVs in major markets including China and the US.
Toyota president feels 'sense of crisis' as profits tumble
Wed, 10, May 2017Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
