Tag: Q1 earnings
Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales...
Japan's Honda announced a 23% increase in first-quarter profit, driven by a weaker yen, higher pricing, and robust hybrid vehicle sales in the U.S....
CarGurus’ Q1 2024 report: rebounding inventory and demand pose affordability questions...
According to the CarGurus' Q1 2024 Report, inventory and demand are rebounding, but where does that leave affordability? On today's episode of Inside Automotive, Kevin...
Ford anticipates losing $3 billion on EV sales this year
Despite Ford anticipating increased profits on its internal combustion and commercial vehicle operations, the automaker also expects its EV business to lose $3 billion...
CarMax Q1 earnings exceed analyst expectations
Used vehicle retailer CarMax revealed financial first-quarter results that exceeded Wall Street forecasts. Shares are up as a result, however, there are still some alarming market...