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.
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.
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.