EV maker reported a 37% decrease in adjusted earnings, its smallest profit in two years.
Automaker's electric deliveries increased 65%.
Make up for some lost sales in Q4 with help of electric push.
Used-car retailer grapples with waning demand in face of economic challenges.
Widens year-over-year net loss to $1.72 billion.
Vehicle retailer trims costs, increases profit per vehicle.
Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.
Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.
Penske Automotive Group reported a 10% rise in income to $375.9 million in the second quarter, its most profitable quarter ever.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In