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News By Topic: Financial Info (sales figures, financial reports, etc.)

SUBARU OF AMERICA, INC. REPORTS APRIL 2022 SALES RESULTS

SUBARU OF AMERICA, INC. REPORTS APRIL 2022 SALES RESULTS

Camden, New Jersey May 3, 2022; Subaru of America, Inc. (SOA) today reported 45,748 vehicle sales for April 2022, a 25.5 percent decrease compared with April 2021 (61,389), the best April in the company’s history. The automaker also reported year-to-date sales of 178,094, a 19.7 percent decrease compared with the sam ... Continue reading

Cazoo Announces First Quarter 2022 Financial Results

Cazoo Announces First Quarter 2022 Financial Results

LONDON & NEW YORK--Cazoo Group Ltd (“Cazoo” or “the Company”), Europe’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online today, has announced its financial results for the three months ended March 31, 2022. Alex Chesterman OBE, Founder & CEO of C ... Continue reading

Hyundai Reports Boffo Sales For April 2022

Hyundai Reports Boffo Sales For April 2022

Hyundai Motor America reported April retail sales of 61,668 units, its second-best April retail sales month in its history. Electrified vehicle year-over-year retail sales increased 68% in April. ... Continue reading

Volvo Cars first quarter 2022 – A stable performance in an unstable environment

Volvo Cars first quarter 2022 – A stable performance in an unstable environment

Revenue increased by 8% to SEK 74.3 (68.6) bn Operating income (EBIT) was SEK 6.0 (8.4) bn EBIT margin was 8.1 (12.3)% EBIT margin, excluding share of income from joint ventures and associates, was 7.9 (8.1)% Basic earnings per share was SEK 1.29 (2.28) Operating and investing cash flow was SEK –12.3 (–6.9) bn Reta ... Continue reading

Nutson's Weekly Auto News Wrap-up Week Ending April 30 2022

Nutson's Weekly Auto News Wrap-up Week Ending April 30 2022

The past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets ... Continue reading

Ford’s Q1 Demand Strong, Supplies Limit Product Shipments; Affirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5 Billion

Ford’s Q1 Demand Strong, Supplies Limit Product Shipments; Affirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5 Billion

Ford Motor Company today reported its 2022 first quarter financial results. Click here or visit media.ford.com to view the news release. ... Continue reading

GM Reports First-Quarter 2022 Results

GM Reports First-Quarter 2022 Results

General Motors Co. today reported first-quarter earnings driven by improved production and robust customer demand in North America. ... Continue reading

Consumer Watchdog: Department of Insurance Ethics Legislation Blocked By Assembly Insurance Committee Today Without A Vote; Committee Members Collected $1.5 Million In Insurance Campaign Cash

Consumer Watchdog: Department of Insurance Ethics Legislation Blocked By Assembly Insurance Committee Today Without A Vote; Committee Members Collected $1.5 Million In Insurance Campaign Cash

demonstrates the insurance industry's capture of the Assembly Insurance Committee that members refused to even allow a vote on a transparency bill that would have shone light on industry influence at the Department of Insurance," said Carmen Balber, executive director of Consumer Watchdog. Another Department of Insuran ... Continue reading

Dodger Fans Only: Advance Auto Parts and Los Angeles Dodgers Partner as Official Auto Parts Retailer

Dodger Fans Only: Advance Auto Parts and Los Angeles Dodgers Partner as Official Auto Parts Retailer

LOS ANGELES--Advance Auto Parts , a leading automotive aftermarket parts retailer, and the Los Angeles Dodgers, the seven-time World Series championship-winning baseball franchise, today announced an exclusive partnership, with Advance becoming the team’s official auto parts retailer. Through the agreement, Advance w ... Continue reading

Luxury SUV Market Size to Grow by 1.59 million units | North America to Dominate the Market | Technavio

Luxury SUV Market Size to Grow by 1.59 million units | North America to Dominate the Market | Technavio

NEW YORK, April 21, 2022 -- The luxury SUV market size is expected to grow by 1.59 mn units from 2019 to 2024, progressing at a CAGR of 7% during the forecast period, according to Technavio. The report offers an up-to-date analysis as well as exact growth variance and the Y-O-Y growth rate. Request a Sample Report to l ... Continue reading

Twitter’s Board Uses “Poison Pill” to Block Musk - And Deter Freedom Of Speech

Twitter’s Board Uses “Poison Pill” to Block Musk - And Deter Freedom Of Speech

We don’t usually get to talk about poison pills in The Bleeding Edge, so today’s subject is interesting. ... Continue reading

Hyundai Motor Issues First Community-Based NFT among the Automakers, Highlighting Its Mobility Solutions in the Metaverse

Hyundai Motor Issues First Community-Based NFT among the Automakers, Highlighting Its Mobility Solutions in the Metaverse

Hyundai Motor Company today announced that it is entering the online community-based Non-Fungible Token market in collaboration with the 'Meta Kongz' NFT brand. HyundaiXMetaKongz Hyundai community-driven NFT Release KV 1 HyundaiXMetaKongz Hyundai community-driven NFT Release KV 2 HyundaiXMetaKongz NFT Design Example Hy ... Continue reading

Weekly Auto News Wrap-up From Larry Nutson, The Chicago Car Guy - April 10-16, 2022

Weekly Auto News Wrap-up From Larry Nutson, The Chicago Car Guy - April 10-16, 2022

These are this past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets ... Continue reading

Mitsubishi Employees will have no minimum number of days in the office

Mitsubishi Employees will have no minimum number of days in the office

Mitsubishi Motors North America, Inc. (MMNA) today announced a new work-from-home policy that affords flexibility to employees whose jobs can be performed from home, with no required minimum number of days in the office, a benefit more common among cutting-edge technology companies than automotive brands. This announce ... Continue reading

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