CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Scooter Statistics 2024 By Revenue, Countries and Unit Sales
Introduction Scooter Statistics: In the global automotive industry, scooters […] Introduction Scooter Statistics: In the global automotive industry, scooters are one of the most prominent vehicles designed with small engines powered b.....»»
Smart Clothing Statistics 2024 By Revenue and Facts
Introduction Smart Clothing Statistics: Smart clothing is the advanced […] Introduction Smart Clothing Statistics: Smart clothing is the advanced fusion of technology and fashion equipped with electronic components such as sensors, tr.....»»
Lithia net income down 13%, revenue at record $7.7 billion in Q4
Lithia Motors Inc. Q4 2023 earnings: Car dealership group reached a record $7.7 billion in revenue but saw net income fall to $216 million......»»
Sonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles
The retailer's fourth-quarter revenue was flat compared with a year earlier......»»
Research finds that getting low-income people the help they need is more effective when stigma is reduced
There are pervasive stereotypes that Americans who are low-income and access government assistance are lazy, lack a work ethic, and are even morally inferior. This stigma has been shown to have many negative consequences......»»
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......»»
Dawn Project"s anti-Tesla Super Bowl ad falls flat with NTSB
A tech billionaire drew a rebuke from the National Transportation Safety Board on Monday after using the federal safety organization's logo in an anti-Tesla Super Bowl ad without permission......»»
Monday’s best deals: Apple Studio Display hits $1,300, Apple Watch Series 8 $279, official Mac accessories, more
Here’s everything you need to know about today’s best Apple deals. The savings start with the first discount in months on Apple’s 27-inch 5K Studio Display, as it falls to $1,300. There’s also Apple Watch Series 8 clearance discounts that hav.....»»
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......»»
New-vehicle inventory falls slightly to 2.55 million in January
New-vehicle inventory levels retreated slightly in January from December, falling to 2.55 million from 2.7 million, according to data from Cox Automotive. Levels are still up about 47 percent from a year earlier, however......»»
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.....»»