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Gentex says Q4 net income rose 2.3% while revenue improved 18%

Automotive mirror supplier Gentex said its fourth-quarter net income rose 2.3 percent to $86.2 million as customers improved production from previous quarters......»»

Category: topSource:  autonewsJan 27th, 2023

Tesla"s freshened Model 3 Performance is a crazy fast, 510-hp bargain

Tesla adds adaptive suspension, improved sport seats and carbon-fiber interior accents. The performance trim is also the only Model 3 eligible for the $7,500 EV credit, making it a bargain......»»

Category: topSource:  autonewsRelated News7 hr. 28 min. ago

The Asus ROG Ally just got a game-changing update

The most recent update for the Asus ROG Ally adds frame generation to the handheld, which promises vastly improved performance......»»

Category: topSource:  digitaltrendsRelated News10 hr. 0 min. ago

Pretax charges drop Sonic Automotive"s Q1 net income

The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»

Category: topSource:  autonewsRelated News11 hr. 28 min. ago

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.  .....»»

Category: topSource:  autonewsRelated News11 hr. 28 min. ago

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»

Category: topSource:  autonewsRelated News11 hr. 28 min. ago

Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle

Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7 percent in Q1

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

Lithia Q1 net income down 28% as margins slip

Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Study: Sharing household chores can lead to income gains

Married women in patriarchal societies become more socially and financially independent when they participate in counseling with their spouses aimed at breaking gender norms, according to new research from a University of Texas at Arlington economist.....»»

Category: topSource:  informationweekRelated NewsApr 24th, 2024

Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B

"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Nomad debuts exclusive Glow 2.0 Apple Watch Sport Band and iPhone Case, but you’ll have to act quick

Last year Nomad launched a fun limited edition Glow in the Dark Sport Band for Apple Watch. It ended up selling out in the first day. Now the company is back with a new and improved Glow 2.0 Sport Band plus a Sport Case for iPhone 15 Pro/Max – avai.....»»

Category: topSource:  marketingvoxRelated NewsApr 24th, 2024

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

GM Financial Q1 net income slips 8%

The captive said lease originations rose, while retail loans fell......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Apple Arcade is about fun, not profit, says exec in charge

Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»

Category: appleSource:  appleinsiderRelated NewsApr 23rd, 2024

GM posts higher Q1 profit, ups 2024 financial guidance

GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target

Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»

Category: appleSource:  appleinsiderRelated NewsApr 22nd, 2024