GM sidesteps economic headwinds; Q3 profit jumps nearly 37%October 25, 2022 GMT
DETROIT (AP) — General Motors' third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent supply chain troubles.
The Detroit automaker on Tuesday reported earnings of $3.3 billion from July through September, compared with $2.42 billion a year earlier.
Ford 2Q profit up 19%, sees stronger year despite inflationJuly 27, 2022 GMT
DETROIT (AP) — Ford Motor Co.'s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.
The Dearborn, Michigan, automaker said Wednesday it made $667 million from April through June, compared with $561 million a year earlier.
Tesla 2Q profit falls from 1Q, but is stronger than expectedJuly 20, 2022 GMT
DETROIT (AP) — Tesla's second-quarter profit fell 32% from record levels in the first quarter as supply chain issues and pandemic lockdowns in China slowed production of its electric vehicles.
But the Austin, Texas, company still surprised analysts Wednesday with a better-than-expected $2.26 billion net profit for the quarter.