Tag: profitability
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Audi | Audi Group: Challenging Market Environment Shapes Financial Performance in the First Nine Months
Audi Group achieved revenue of €46.3 billion, operating profit of €2.1 billion, and net cash flow of €3.8 billion from January to September 2024. Due to competitive pressures and macroeconomic conditions, results fell compared to the same period last year. Audi focuses on efficiency improvements and model launches to strengthen competitiveness, with varied performance across…
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General Motors | GM sees new vehicles and improving EV profitability driving continued growth
GM shared an optimistic outlook for 2025 with Wall Street analysts, highlighting its diverse EV portfolio and strong sales performance, achieving a record Q3 for EV sales and securing the position as the number two EV seller in North America. The company also expects profitability for EVs to improve as production volumes increase. Source: Here