Tag: profits
Porsche, freshly listed, sees strong 2023 as nine-month profits soar
BERLIN — Porsche reported a 40.6{5be0972a10a00bb621c1a18de1a801d58662e556d02921cebb422beac5e5b2fe} leap in operating profit to more than 5 billion euros ($5 billion) in the first nine months of 2022 and predicted a strong 2023 as its ability to raise prices protected it from the costs of supply chain snags. Still, the carmaker did not raise its annual margin outlook
Honda earnings: focus on deliveries as profits fall
TOKYO — Straining under a pile of back orders, Honda says its top priority is getting cars to U.S. customers rather than worrying about recession talk or more stringent electric vehicle credits. Many uncertainties still loom over the auto sector, Honda Chief Financial Officer Kohei Takeuchi said. Risks include rising inflation and interest rates in