Ford Motor said that 2018 profit will fall short of Wall Street expectations and declined to give a specific forecast for this year, illustrating the challenges amid uncertainty in the global auto market.
Wall Street Journal. Wed, 16 Jan 2019 16:11:04 EST.
Goodyear shares plunged 12 percent after the company announced that fourth-quarter tire unit volumes declined by about 3 percent due to the continued weakening of the environment in China and India.
CNBC. Tue, 15 Jan 2019 19:56 GMT.
ATLANTA, Jan. 15, 2019 -- Delta Air Lines (NYSE:DAL) today reported financial results for the December quarter and full year 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here. ...
PR Newswire. Tue, 15 Jan 2019 12:00:00 +0000.
Chip designer MediaTek earned a stack of money in the third quarter this year by diversifying its clientele. It hung onto phone vendors while chasing high-growth IoT and automotive electronics.
By Ralph Jennings, Contributor. Forbes. Tue, 25 Dec 2018 08:30:00 -0500.
Swedish industrial group Atlas Copco is set to profit from a shift towards electric cars after investing in technology to meet a challenge that is hurting many traditional parts suppliers, a company executive said.
Reuters. Thu, 20 Dec 2018 09:41:08 -0500.
VW said there will be a "massive reduction" in the complexity of its model portfolio as it seeks to raise profit margins for its core brand.
AutoNews.com. Thu, 6 Dec 2018 06:08:35 EST. Subscription may be required.
Making Audis in the U.S. could help Volkswagen protect almost $800 million in profit that its luxury-car unit reaps from the world's second-biggest automotive market.
AutoNews.com. Wed, 5 Dec 2018 12:29:29 EST. Subscription may be required.
Tesla booked $189.5 million in automotive regulatory credits in its third quarter which helped contribute to profitability, the company said in a quarterly filing on Friday.
Reuters. Fri, 02 Nov 2018 14:32:34 -0400.
Tesla shares jumped by more than 12 percent in premarket trading as CEO Elon Musk made good on his promise to start turning regular profits in the last half of the year and revenue surges 70 percent to $6.8 billion.
CNBC. Wed, 24 Oct 2018 19:31 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.