As new-vehicle sales slow, and many finance and insurance managers likely sell to a larger pool of used-vehicle buyers, wise dealers will look to FandI products for a profit boost.
AutoNews.com. Mon, 9 Jul 2018 00:01:00 EST. Subscription may be required.
Ford, PSA, VW and the Renault Nissan alliance are keeping a tight grip on the LCV segment, which delivers high profit margins of about 10 percent and where unit sales are expected to grow by double digits by 2021 in Europe.
AutoNews.com. Tue, 3 Jul 2018 00:01:00 EST. Subscription may be required.
The latest financial statements for Red Bull's flagship Formula One team show that it made a $10.3 million net profit in 2016 which was the highest recorded by any outfit in the series. So why did its parent end up in the red from F1?
By Christian Sylt, Contributor. Forbes. Sat, 12 May 2018 05:43:00 -0400.
On Thursday, the City of Miami will vote on whether to host a Formula One auto race on the streets of the city. It is a no-brainer for Miami, but the race could end up driving a loss rather than a profit for F1's stockholders.
By Christian Sylt, Contributor. Forbes. Wed, 9 May 2018 18:23:00 -0400.
The auto maker plans to boost profit margins faster than initially forecast, saying it will slash capital spending in coming years and kill iconic vehicle lines that are unprofitable.
Wall Street Journal. Wed, 25 Apr 2018 19:31:03 EDT.
Ford is eliminating nearly all of its car models in North America as it reinvents itself as a utility vehicle-focused brand in an effort to improve its operating efficiency and profit margin.
Fox News. Wed, 25 Apr 2018 23:12:00 GMT.
Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.
American Banker. Tue, 24 Apr 2018 03:05:05 GMT.
The word profit is a noun. Profit means (1) the advantageous quality of being beneficial, (2) the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).
Profit is also a verb that means (1) make a profit; gain money or materially, (2) derive a benefit from.