AutoNation Reports Q3 Results
Auto retailer says revenue hit $6.9 billion, up from $6.7 billion a year earlier.
Auto retailer says revenue hit $6.9 billion, up from $6.7 billion a year earlier.
Automaker also recorded double-digital revenue increases in the first nine months of the year.
Follows double-digital declines in sales of China-made vehicles.
Toyota Motor North America has 12% increase.
Pursues segment despite over $4.5 billion in projected losses this year.
The automaker’s adjusted operating income from North America soared 23% to $14.8 billion.
Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.
Ford tries to reverse losses while GM looks to further strengthen position.
Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
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