Toyota reported higher earnings, beating analysts’ forecasts, for the April-June quarter, Q1 in Toyota’s fiscal year that ends March 31, 2020. [The April-June quarter is referenced as Q2 in charts below.] Net income was up at $6.2 billion on higher revenue of $69.5 billion. Global vehicle sales rose to more than 2.3 million vehicles. Sales were … Continued

Welcome to a new era of sales reporting. With the Detroit-based automakers—accounting for more than 40% of U.S. auto sales—no longer officially reporting monthly sales numbers, the Cox Automotive Industry Insights team continues to deliver the insights they can. Our July forecast called for sales volumes slightly above year-ago levels thanks to an additional July … Continued

General Motors reports second-quarter financial results before the stock market opens August 1. Wall Street analysts expect lower earnings on lower revenues, though they are hopeful for an upside surprise as GM delivered in Q1. In the U.S., GM sold 744,316 vehicles in Q2, down nearly 2% from the year-ago quarter. Total industry sales for … Continued

Fiat Chrysler reports second-quarter financials July 31 before the U.S. stock market opens. Wall Street analysts expect FCA to post positive earnings, though down from a year ago on lower revenues. In the U.S., FCA’s largest market, the automaker sold 597,685 vehicles, down a scant .5% from last year’s 600,000-plus quarter while total industry sales … Continued

Investors wonder if record second-quarter deliveries reported by Tesla will result in a profit when the electric-car maker reports financials July 24. After a big drop in sales to start the year, Tesla reported it delivered a record 92,500 vehicles in the second quarter, surpassing the previous record set in Q4 2018. Those deliveries include … Continued

Ford Motor Co. reports second-quarter financials after the stock market closes July 24. Wall Street analysts expect Ford to post higher per-share earnings on lower revenue for the second quarter. In the U.S., Ford’s Q2 vehicle sales were down nearly 5%, while industry sales for the quarter were down 1%. Ford brand sales were down … Continued

A new study released by Cox Automotive reveals an optimistic forecast with younger generations showing a greater interest in dealership jobs than older generations. The 2019 Cox Automotive Dealership Staffing study reveals that among Gen Z and Young Millennials, more than 30% are interested in working for a dealership, even higher when roles other than … Continued

The all-new 2020 Chevrolet Corvette was revealed in California last evening, at a gala event celebration attended by media, celebrities and enthusiasts. Several editors and analysts from the Cox Automotive team were on hand to witness the moment and see the mid-ship Corvette for the first time. They shared the following commentary. From Karl Brauer, … Continued