AutoNation Q4 net income slips 26% while revenue rises 1.7%
AutoNation's new-vehicle retail sales increased 4.3 percent in the quarter compared with the year-earlier period, but used-vehicle retail sales dropped 9.2 percent......»»
Group 1 Automotive buys RRR Automotive Group to expand presence in mid-Atlantic states
Group 1 Automotive's purchase of RRR Automotive is expected to provide more than $500 million in annual revenue......»»
Wireless Adapter Statistics 2024 By Country, Shipment, Types, Companies and Revenue
Introduction Wireless Adapter Statistics: As to reports, the global […] Introduction Wireless Adapter Statistics: As to reports, the global market size of wireless adapters is expected to reach above $2.48 billion by the end of 2030......»»
AutoNation Q4 net income drops 25%
AutoNation Inc.'s net income dropped 25 percent in the fourth quarter, another double-digit percentage decline for the company. Revenue was up 1 percent; new-vehicle sales jumped and used-vehicle sales dropped......»»
Magna Q4 earnings surge despite UAW, EV production headwinds
Magna International Inc., the largest North American parts supplier, on Friday said its fourth-quarter net income surged 185 percent to $271 million from a year earlier thanks to steadier global new-vehicle production......»»
Asbury gives itself flexibility with relaxed 2025 revenue goal
Asbury CEO David Hult told the more flexible goals are meant to avoid the company focusing on too specific a target to the point of detrimental business decision-making......»»
Doggett Automotive buys 6 dealerships from Group 1 Automotive
Doggett Automotive expects the acquisition to add $300M in annual revenue......»»
BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
EV pullback hits BorgWarner revenue, earnings
Supplier BorgWarner's Earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Air Fryer Statistics 2024 By Revenue, Types, Category-Wise and Consumers
Introduction Air Fryer Statistics: The world is evolving with […] Introduction Air Fryer Statistics: The world is evolving with advanced technology, which has made everyday life easier for billions of people as it allows them to compl.....»»
Asbury Q4 net income down 84%; company trims revenue goal
Asbury Automotive Group Inc. Q4 2023 earnings: ABG saw net income fall 84 percent year-over-year to $55.5 million. It also set a future revenue goal of $30 billion instead of the $32 billion it had previously targeted......»»
Nissan U.S. rebound stumbles on lack of affordable cars, hybrids
Nissan's nascent U.S. revival hits a snag with slumping revenue per vehicle as the Japanese carmaker struggles to quickly supply demand for affordable cars and electrified hybrids......»»
Adient sales fall flat as auto supplier looks at new business opportunities
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and margins will, too. The company, which has its North American base in Plymouth, about 27 miles West of Detroit, had sales of $3.66 bill.....»»
January U.S. auto inventory slips amid seasonal fluctuations, report says
U.S. auto inventories fell from 2.64 million in December to 2.53 million in January, interrupting an 11-month period of sustained growth, the data analytics company said......»»
Thermostats Statistics 2024 By Shipments, Region, Companies, Market Revenue and Prices
Introduction Thermostats Statistics: Thermostats are a popular device that […] Introduction Thermostats Statistics: Thermostats are a popular device that allows for temperature control and is commonly used by every household worldwide.....»»
Penske Automotive Q4 net income slides 36% to $192 million on rising interest costs
The dealer group said it faced a $21 million increase in interest costs driven by higher interest rates and inventory levels that together increased vehicle floorplan borrowing costs......»»
Ford posts $526M net loss in Q4 on accounting charge; revenue rises 4%
Ford earned a $14.7 billion profit from its internal combustion and commercial businesses before interest and taxes, while its EV unit lost $4.7 billion......»»
Lear generates higher profits and revenue, but EV backlog shrinks
Executives pointed to two main issues the company faces: wage inflation and EV uncertainty......»»
India"s tigers climb high as climate, human pressure rises
Tigers in India have been photographed in high-altitude mountains rarely seen before, with experts suggesting relentless human pressure and a heating climate are driving them from traditional hunting grounds......»»
Smart Washing Machine Statistics 2024 By Revenue, Regions and Key Players
Introduction Smart Washing Machine Statistics: Today, smart washing machines […] Introduction Smart Washing Machine Statistics: Today, smart washing machines are the best choice for daily laundry chores. Compared to traditional washin.....»»
Spotify re-signs Joe Rogan in deal that includes return to Apple Podcasts
Joe Rogan has signed a deal worth up to $250 million dollars with Spotify, that frees "The Joe Rogan Experience" from exclusivity to the streaming service.The deal said to be worth up to $250 million includes a minimum guarantee, and a revenue sharin.....»»