Decline in Honda's (HMC) Q4 operating profit can be attributed to adverse foreign currency effects and impact of changes in the global automobile production network and capability on Europe.
Zacks Equity Research. Zacks. Wed, 08 May 2019 13:46:00 GMT.
The automaker said slowing sales in North America and Europe drove profit south, however sales of new U.S. pickup trucks like the Jeep Gladiator and Ram models would help lift its 2019 profit target.
CNBC. Fri, 03 May 2019 18:44 GMT.
Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.
Reuters. Fri, 03 May 2019 09:52:08 -0400.
Group 1 Automotive, the nation's third-largest dealership group, said its profit grew 7.9 percent during its first quarter despite selling fewer new vehicles.
Paul Takahashi. Houston Chronicle. Thu, 25 Apr 2019 12:07:53 UTC.
Transport giant ComfortDelGro Corp posted a modest 0.6 per cent rise in net earnings to $303.3 million for the year ended Dec 31 as weaker taxi and automotive engineering performances offset a strong public transit segment.
Straits Times. Thu, 14 Feb 2019 05:00:00 +0800.
Tesla is finally turning a profit selling premium electric cars. But CEO Elon Musk doesn't want to make money just selling luxury cars to the world's elite. He's still aiming for the masses.
Camila Domonoske. NPR. Thu, 31 Jan 2019 05:01:00 -0500.
Tesla chief Elon Musk committed the Silicon Valley auto maker to an ambitious goal this year: a profit in every quarter. If it does deliver, it will be with a new chief financial officer.
Wall Street Journal. Wed, 30 Jan 2019 20:26:53 EST.
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.