Tag: Q2 earnings
Group 1 Automotive Q2 revenues increase 14.3% compared to 2021
Group 1 Automotive also reported its second quarterly earnings despite chain supply problems and inventory shortages. The total revenue for Q2 that Group 1...
Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached...
Tesla offloads 75% of bitcoin holdings, Q2 revenue increases 42% YoY
Tesla released its Q2 earnings earlier this week and exceeded analysts' expectations despite COVID-related closures at its Shanghai production facility. However, the quarter marked the end of...
AutoNation reports record quarterly earnings per share, new vehicle sales hindered...
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation,...
Mercedes-Benz USA second-quarter sales increase 6.9% YoY
Mercedes-Benz USA reported sales of 79,105 Mercedes-Benz passenger cars and 19,730 vans for the second quarter of 2022, bringing the company's total for the...
Record quarterly profit announced by Tesla despite production challenges
On Monday, Tesla released their financial results more than three weeks after reporting fantastic quarterly production numbers. For the first time in the EV...
CBT Automotive Newscast: July 30, 2020
Today's Featured Interview:
Dealers Focus on Efficiency as COVID-19 Exposes Areas for Improvement
COVID-19 has created a new standard of efficiency required for dealerships. Dealers have...
