NEW YORK — Icahn Automotive Group L.L.C. reported operating losses in the quarter and half-year ended June 30 despite higher sales in both periods. The second-quarter loss was more than double that reported in 2018.
PHILADELPHIA — Icahn Automotive Group L.L.C. is splitting into two independent aftermarket "Parts" and "Service" companies to focus better on unique strategies, customers and business opportunities, parent company Icahn Enterprises L.P. announced.
TOKYO — Yokohama Rubber Co. Ltd.'s operating and net income fell during the six months ended June 30 due to increased manufacturing and logistics costs and the negative effects of lower unit sales volume.
QUINCY, Ill. — Titan International Inc. fell into the red on an operating and net basis in the quarter and six months ended June 30 on the negative effects of lower sales, elevated operating costs and currency devaluations.