With the U.S. government’s stance on tariffs resembling a game of seesaw, yet with the net effect likely to push vehicle prices higher, automotive dealers who already understand the importance of ...
For the past few years auto dealers have enjoyed unprecedented market conditions with record profits in both new- and used-vehicle sales. However, excluding a brief reprieve in February and March, the ...
Asbury Automotive Group (NYSE:ABG) operates in the consumer sector, providing vehicle sales, maintenance services, and ...
As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...
Evan is a writer and entrepreneur with a background in technology and content marketing. He is currently the Head of Growth at Sagetap.io. Previous to Sagetap, he was was co-founder & CEO of the ...
The automotive auction landscape has long been plagued by inconsistent VIN decoding systems, leading to mismatched vehicle classifications across platforms. Dealers searching for inventory across ...
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NXP projects Q3 revenue of $3.15B amid early signs of cyclical recovery and automotive inventory normalization
CEO Kurt Sievers noted revenue for Q2 was $26 million above the midpoint of guidance, stating, "The revenue trends in all our focus end markets were above expectations, reflective of increasingly ...
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NXPI Q2 Deep Dive: Early Signs of Cyclical Recovery, Automotive Inventory Headwinds Ease
Chip manufacturer NXP Semiconductors (NASDAQ: NXPI) announced in Q2 CY2025, but sales fell by 6.4% year on year to $2.93 billion. Guidance for next quarter’s revenue was optimistic at $3.15 billion at ...
Guidance for Q3 2025 includes revenue of $3.15 billion, down 3% year-on-year and up 8% sequentially. Sievers stated, "At the midpoint, we expect the following trends in our business during quarter 3.
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