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BMW : Statement Walter Mertl Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2024

BMW : Statement Walter Mertl Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2024
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CRISIL Ratings: Auto dealers to clock 8-10% revenue growth as volume normalises, ET Auto

The steady operating profitability and moderate debt also will keep their credit profiles stable, a CRISIL Ratings analysis of ~150 auto dealers indicates.

New delhiMohit makhijaSnehil shuklaSenior directorAssociate directorCrisil ratingsAuto revenueUto sales 2024Mohit makhijaAuto dealer salesTv salesSnehil shukla

United Auto Workers: Auto strikes to reduce US payrolls count in October, ET Auto

United Auto Workers: Striking workers who do not receive a paycheck during the period that the government surveys business establishments for the employment report are treated as unemployed.

United statesFord motorFederal reserveLabor departmentMack trucksUnited auto workersBig threeGeneral motorsBlue cross shieldIg three car manufacturersLabor departmentAck trucks plantsAuto revenue

AutoNation s quarterly revenue beats estimates on demand for new vehicles, services, ET Auto

U.S. auto retailer AutoNation s Q2 revenue surpasses expectations due to high demand for new vehicles and aftermarket services, offsetting the decline in used-vehicle sales caused by increased production.

United statesMike manleyExecutive mike manleyElectric vehiclesAutonation incAr retailer usaUto salesAuto revenueVehicle sales

Auto ancillaries revenue to grow by 8-10% in FY23: ICRA

The rating agency also expects the sector’s coverage metrics to remain comfortable in this fiscal, benefitting from healthy accruals and relatively low incremental debt funding requirements. The rating agency also expects the sector’s coverage metrics to remain comfortable in this fiscal, benefitting from healthy accruals and relatively low incremental debt funding requirements.

Yogifi genVice presidentSector headAuto revenueDebt funding