Record Profit for BMW in 2010
10 Mar 2011, 12:22 UTC · By: Daniel Patrascu / Having begun the new year in force, German auto maker BMW released today its financial figures for 2010, showing that the improvements in sales for the months of January and February are a natural c...
Record Profit for VW Last Year
27 Feb 2011, 08:45 UTC · By: Daniel Patrascu / Nearly three months into the new year German auto maker Volkswagen reached the point when it needed to draw the line, add the numbers and post its financial results for last year. Luckily for the ca...
Maruti Suzuki Profits Fall Due to Rising Raw Material Costs
31 Jan 2011, 15:32 UTC · By: Mihnea Radu / India’s largest automaker by sales Maruti reported two days ago that its quarterly profits were down 18 percent in the last three months of last year, largely because of an increase in raw mat...
Subaru US Sales, Another All-Time High
2 Dec 2010, 09:51 UTC · By: Andrei Costea / Subaru has released monthly sales results and has broken its US record for annual sales, set last year. The company was the only brand to boost its sales on the US market for three years in a row, s...
Audi Surges to Record Profit in H1 2010
30 Jul 2010, 07:18 UTC · By: Daniel Patrascu / German manufacturer Audi announced today its financial results for the first half of the year, presenting numbers most didn't believe will see anytime soon in the automotive industry. The carma...
Navistar Reports $30 Million Net Income for Q2
10 Jun 2010, 08:05 UTC · By: Daniel Patrascu / Navistar International Corporation announced yesterday the financial results for the second quarter, ended April 30, 2010 (fiscal year ends october 31), with the numbers showing a $30 million net in...
BMW 5 Series Orders Exceed "Considerably" the Company's Expectations
18 May 2010, 13:07 UTC · By: Dan Mihalascu / Orders for the new-generation BMW 5 Series have considerably exceeded the German automaker own targets, said the company's CEO, Norbert Reithofer. BMW Group is targeting sales of more than 1...
Ford Australia Posts AU$13 Million Profit for 2009
6 May 2010, 10:30 UTC · By: Dan Mihalascu / Ford Australia president Marin Burela has announced a net after-tax operating profit of AU$13 million for 2009, the first positive result of the company since 2005. The official promised further gai...
Renault Group's Q1 Revenues Grow by 28.4 Percent
28 Apr 2010, 10:06 UTC · By: Dan Mihalascu / Renault reported better than expected first-quarter sales and expects a positive free cash flow in the year as a whole, although it warns of a difficult economic environment, following the end of go...
Ford Expected to Announce Q1 Income of $1Billion
26 Apr 2010, 11:57 UTC · By: Dan Mihalascu / Ford Motor Company is expected to announce on Tuesday a first-quarter income of almost $1 billion, according to economic analysts surveyed by the Detroit Free Press. The analysts excluded “spe...
Fiat Posts Q1 Financial Results
21 Apr 2010, 10:46 UTC · By: Daniel Patrascu / With only a few hours prior to the release of the much anticipate five year business plan, Italian carmaker Fiat released its financial results for the first quarter of the year. According to the nu...
Winnebago Reports Improved Financial Results
19 Mar 2010, 09:43 UTC · By: Alex Vasile / As far as we know, the entire auto world has been affected by the recession, but things seem to be getting better. Today, Winnebago Industries, Inc., an important motor home manufacturer from the Un...
VW Cuts Dividend After Profits Fell 71 Percent
28 Feb 2010, 12:47 UTC · By: Alexandru Radu Chis / If you thought Volkswagen AG automotive group was one of the strongest there is, especially after the devastating crisis hitting the auto industry last year, you should think again. In a time of job...
Bridgestone Braces for Severe Business Environment
21 Feb 2010, 12:23 UTC · By: Alexandru Radu Chis / The Japanese tire manufacturer has recently reported its financial results for 2009 which reveal a drastic drop in net profits when compared to 2008. However, the company said it already aims recove...
PSA Targets Operating Profit in H1
10 Feb 2010, 11:55 UTC · By: Andrei Tutu / France’s largest carmaker, PSA Peugeot Citroen recently said that its 2009 financial results were heavily influenced buy the global financial crisis: the carmaker’s global sales saw a 2....
GMAC Financial Services Presents Q4, 2009 Financial Results
5 Feb 2010, 13:49 UTC · By: Alex Vasile / GMAC has been losing money for some time now, so everybody expected disastrous results for the fourth quarter of 2009. The figures are now official: GMAC Financial Services announced a net loss of $...
KIA Motors 53.2 Percent Global Sales Increase in November
12 Dec 2009, 16:09 UTC · By: Alexandru Radu Chis / South Korean car maker KIA Motors seems to handle itself rather well, given the current global economic situation. The automotive maker in question managed to sell some 152,826 units worldwide in No...
GM Q3 Financial Results Released
16 Nov 2009, 14:51 UTC · By: Daniel Patrascu / American manufacturer GM released today, as promised last week, its first financial report following its emergence from bankruptcy. The company posted a $261 million EBIT loss and $1.2 billion manag...
GM to Release Q3 Financial Results Next Week
12 Nov 2009, 08:56 UTC · By: Daniel Patrascu / All eyes are now on American manufacturer GM, who just announced it will make public the group's financial results for the third quarter of the year. Perhaps, after seeing the numbers, the auto...
Skoda Posts Q3 Profit
2 Nov 2009, 10:20 UTC · By: Daniel Patrascu / Czech carmaker Skoda posted today its financial results for the third quarter of 2009, with numbers showing a 6.5 percent increase in vehicles sold than in the same period of 2008 (174,984 versus 16...