Earnings/Financials News and Information (pg 3)

4,561 Articles

Mar 4, 2024 News

Ford U.S. sales jump 10.5% in February, beating Toyota for second straight month

Hybrid sales in particular are way up, but EVs too — deep price cuts helped

Mar 2, 2024 Report

Nissan, Fisker in advanced talks on investment, partnership

Nissan would build and get access to Fisker's electric truck platform

Mar 1, 2024 News

GM's Cruise valuation slashed by more than half, adding to woes

It has seen a billion-dollar budget cut, and the CEO and a quarter of its jobs are gone

Mar 1, 2024 Electric

Fisker is laying off 15% of staff and says it needs more cash ahead of a 'difficult year'

It's also 'in negotiations with a large automaker'

Feb 25, 2024 Featured

Why Lotus thinks its luxury EV game plan will succeed globally

Now publicly traded, the company sees huge growth in the $80,000-$150,000 price range

Feb 24, 2024 Followup

EV sector grapples with layoffs, production cuts and altered plans

But it's 'not the disaster the press has been pushing,' Rivian investor says

Feb 23, 2024 Podcast

GM and F1, the return of hybrids, and a Scout Motors sneak peek | Autoblog Podcast #820

Plus, we drive some Cadillacs and talk future '80s classics

Plus, we drive some Cadillacs and talk future '80s classics

Feb 22, 2024 News

Carvana stock jumps as it reports first-ever profit, forecasts strong Q1

Quite the turnaround from when it lost $1.59 billion

Feb 22, 2024 News

Rivian, Lucid stocks tumble as slowing EV demand upsets ramp-up plans

They're burning through billions, and their cheaper models can't come soon enough

Feb 22, 2024 News

VinFast losses widen, but it's confident of tripling sales this year

Expects to deliver 100,000 vehicles, build factories in India, Indonesia

Feb 22, 2024 News

VinFast revenue up, wants to nearly triple sales in 2024

The Vietnamese automaker relies heavily on domestic demand

Feb 21, 2024 News

Rivian cuts jobs, sees annual production far below estimates

It's not the only EV maker facing a slowdown in demand, but the R2 is coming

Feb 19, 2024 By The Numbers

Detroit automakers splurge on shareholders with big stock buybacks

GM, Ford, Stellantis spent $22.7 billion buying back shares, paying dividends last year

Feb 14, 2024 Car Buying

U.S. auto retailers report falling new vehicle margins

And that's good news for buyers as discounts and incentives rise

Feb 11, 2024 News

Tesla isn't making as much money per employee as GM and Ford

It earned the equivalent of just under $690,000 for each of its over 140,000 employees

Feb 11, 2024 Report

Why Mazda says hybrid SUVs are the 'sweet spot' for the U.S. market

Sales are booming at Mazda as it slowly inches into electrification

Feb 9, 2024 Report

Nissan erases almost $2 billion in market value as China worries deepen

It's the brand's biggest decline in more than two decades

Feb 8, 2024 Report

Harley-Davidson expects flat 2024 at best, cites soft demand

North American volumes continue to slide; increased margins aren't solving it

Feb 8, 2024 News

Nissan's profit stumbles on China sales decline

Quarterly sales jumped, but not enough to close the gap

Associated Press

Feb 7, 2024 Report

New York Fed sees trouble in auto borrowing as overall debt level rises

But delinquencies remain below pre-Covid levels

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