Honda Q2 profit falls 39% as EV costs reach ¥484.8 Billion
Honda Motor (NYSE:HMC) reported second-quarter fiscal 2027 operating profit of ¥117.9 billion, down 39% year-over-year, as electric-vehicle restructuring costs affected its results.
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Honda Motor (NYSE:HMC) reported second-quarter fiscal 2027 operating profit of ¥117.9 billion, down 39% year-over-year, as electric-vehicle restructuring costs affected its results.
EVgo (NASDAQ:EVGO) reported third-quarter 2026 charging network revenue of US$71.8 million, up 29% year-over-year, although total revenue declined 1% to US$91.4 million.
RB Global (NYSE:RBA) reported third-quarter 2026 revenue of US$1.27 billion, up 17% year-over-year, while net income increased 47% to US$140.2 million.
Tesla (NASDAQ:TSLA) plans to wind down Cybertruck production at its Texas Gigafactory around mid-2027, with CEO Elon Musk saying the move will make room for increased production of the company's Cybercab robotaxi.
Cummins (NYSE:CMI) reported third-quarter 2026 net income of $1.14 billion, or $8.25 per diluted share, as revenue increased 13% year over year to $9.44 billion.
Toyota Motor (NYSE:TM) reported fiscal second-quarter 2027 operating profit of ¥1.128 trillion for July–September 2026, up 34% year over year and above the ¥992 billion analyst estimate.
Autohome (NYSE:ATHM) reported third-quarter 2026 net revenue of RMB1.315 billion, down 26%, as earnings and operating profit declined.
Tesla (NASDAQ:TSLA) reported a 10.3% year-over-year increase in China-made electric vehicle sales to 67,829 units in October 2026, according to data from the China Passenger Car Association.
Holley Performance Brands (NYSE:HLLY) has acquired SXTH Element, a Toyota-focused performance parts manufacturer, expanding its Modern Truck & Off-Road business into additional vehicle platforms and product categories.
Group 1 Automotive (NYSE:GPI) reported a 6.7% drop in third-quarter revenue to $5.4 billion.
Stellantis (NYSE:STLA) reported third-quarter 2026 revenue of €37.6 billion, up 1% year over year, as its net loss narrowed 90% to €453 million.
Winnebago Industries (NYSE:WGO) reported fiscal fourth-quarter 2026 revenue of $645.1 million, down 17% year over year from $777.3 million, reflecting lower recreational vehicle sales volumes.
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