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Stories about: financial

Tesla Market Cap Now at $660 Billion While Toyota Is Worth $251 Billion
Tesla Market Cap Now at $660 Billion While Toyota Is Worth $251 Billion

31 Dec 2020, 13:12 UTC · By: Mircea Panait / At $660 billion, Tesla Inc. is worth more than seven of the most important automakers out there - and yes, it's worth more than two times Toyota's market cap

 
Tesla Proves Analysts Wrong, Q3 2020 Earnings Report Exceeds Expectations
Tesla Proves Analysts Wrong, Q3 2020 Earnings Report Exceeds Expectations

22 Oct 2020, 11:24 UTC · By: Mircea Panait / Instead of $0.67 per share and $8.4 billion in revenue, Tesla posted $0.76 per share and $8.7 billion in the third quarter of 2020

 
2021 Geneva Motor Show Canceled Over “Financial Consequences”
2021 Geneva Motor Show Canceled Over “Financial Consequences”

29 Jun 2020, 23:13 UTC · By: Mircea Panait / It's official, boys and girls; the 2021 edition of the Geneva Motor Show won't happen, and all of the event's assets are currently for sale

 
McLaren "Has Urgent Need to Raise New Money by July 17th"
McLaren "Has Urgent Need to Raise New Money by July 17th"

24 Jun 2020, 11:59 UTC · By: Mircea Panait / If new capital isn't rained by July 17th, McLaren may be forced to file for bankruptcy. This would put a huge dent in Bruce McLaren's and Ron Dennis' legacies

 
Jaguar Land Rover Is Seeking the British Government's Help to Stay Afloat
Jaguar Land Rover Is Seeking the British Government's Help to Stay Afloat

25 May 2020, 18:02 UTC · By: Mircea Panait / When trouble hits, Jaguar Land Rover isn't shying away from asking more than a million pounds from the Department for Business, Energy, and Industrial Strategy

 
Believe It Or Not, Ferrari Is More Valuable Than Ford, FCA, General Motors
Believe It Or Not, Ferrari Is More Valuable Than Ford, FCA, General Motors

5 May 2020, 21:05 UTC · By: Mircea Panait / Tesla may be the most valuable automaker out there, but Ferrari is now worth more than the Big Three in Detroit thanks to great result in Q1 2020

 
Ferrari Reportedly Made $94,315 On Average for Every Car It Sold In 2019
Ferrari Reportedly Made $94,315 On Average for Every Car It Sold In 2019

13 Apr 2020, 14:28 UTC · By: Mircea Panait / Ferrari still is the most profitable automaker out there if we're talking about the operating margin of each car the Prancing Horse sold in 2019

 
Volvo Cars Celebrates 10 Years Since Geely Revived the Swedish Automaker
Volvo Cars Celebrates 10 Years Since Geely Revived the Swedish Automaker

29 Mar 2020, 15:53 UTC · By: Mircea Panait / Geely helped Volvo turn around from break-even status to profitability and almost double the global sales it posted under the Ford Motor Company's ownership

 
Volkswagen CEO Earned 10.14 Million Euros In 2017 Despite Ongoing Controversies
Volkswagen CEO Earned 10.14 Million Euros In 2017 Despite Ongoing Controversies

19 Mar 2018, 09:56 UTC · By: Mircea Panait / Business is going so well for the Volkswagen Group, chief exec Matthias Muller was paid 40 percent more money in 2017 compared to the previous year

 
Ferrari Shares Plummet Due to Sales Growth Slowdown
Ferrari Shares Plummet Due to Sales Growth Slowdown

3 Feb 2016, 13:52 UTC · By: Mircea Panait / There's a bit of trouble in supercar heaven as Ferrari shares have dropped in value due to an underperforming Chinese market

 
Ferrari & Fiat-Chrysler Saga Update, Maserati and Alfa Romeo SUVs to Launch in 2015
Ferrari & Fiat-Chrysler Saga Update, Maserati and Alfa Romeo SUVs to Launch in 2015

16 Nov 2014, 03:50 UTC · By: Mircea Panait / In case you haven't heard already, a part of Ferrari will be listed next year on the most important stock exchanges from the United States and Europe. FCA previously announced that 10 percent o...

 
Maserati Topped Ferrari in Q3 Profit Battle
Maserati Topped Ferrari in Q3 Profit Battle

30 Oct 2014, 12:47 UTC · By: Mircea Panait / For a long number of years now, luxury Italian brand Maserati was always overshadowed in every possible way by Ferrari, the biggest name in the business. Nevertheless, for the first time ever since ...

 
Chrysler Posts $619 Million Net Income in the Second-Quarter
Chrysler Posts $619 Million Net Income in the Second-Quarter

6 Aug 2014, 15:20 UTC · By: Mircea Panait / That figure translates to a 22 percent hike compared to the second-quarter of 2013, which is encouraging news after a slightly embarrassing first-quarter. Chrysler also posted sales earnings of $20....

 
Tesla Posts $62 Million Net Loss, Revenue Almost Doubles in Q2 2014
Tesla Posts $62 Million Net Loss, Revenue Almost Doubles in Q2 2014

1 Aug 2014, 08:13 UTC · By: Mircea Panait / Tesla Motors may be on a roll lately with the Model S sales success and the expansion of the Supercharger network, but its net loss has reached $61.9 million in the second quarter of 2014 because of...

 
Tesla Delivered Almost 1,000 Model S Vehicles in China Since April
Tesla Delivered Almost 1,000 Model S Vehicles in China Since April

1 Aug 2014, 09:12 UTC · By: Mircea Panait / In the second quarter alone, Tesla Motors has managed to deliver 7,579 examples of the Model S and built 8,763 units of the EV. Based on the way things are going from very good to even better, the c...

 
Fiat Q2 Profit Takes a Dive Due to Disappointing Results in the Americas
Fiat Q2 Profit Takes a Dive Due to Disappointing Results in the Americas

30 Jul 2014, 18:51 UTC · By: Mircea Panait / This isn't actually the best of moments for Fiat to report weak financial performances and disappointing operating profit. These second-quarter results won't go unnoticed by shareholders t...

 
Ford Europe Posts First Profitable Quarter in 3 Years
Ford Europe Posts First Profitable Quarter in 3 Years

24 Jul 2014, 14:37 UTC · By: Mircea Panait / Analysts were a bit skeptical if the Blue Oval would be able to cut the financial mustard in the second quarter of 2014, but results were better than the industry expected. Although Ford's $1.3...

 
GM Recall Costs Totaled $1.5 Billion In the Second Quarter, Profit Falls 85 Percent
GM Recall Costs Totaled $1.5 Billion In the Second Quarter, Profit Falls 85 Percent

24 Jul 2014, 13:45 UTC · By: Mircea Panait / Although the American company announced $0.2 billion second quarter net income attributable to common stockholders, the actual net profit is $190 million, translating to an 85 percent drop compared ...

 
Aston Martin Announces 2013 Financial Results
Aston Martin Announces 2013 Financial Results

29 Apr 2014, 11:26 UTC · By: Mircea Panait / The British sports car maker turned over last year £519 million (approximately $872 or €629 million at current rates), which translates in a 13 percent revenue increase. When it comes ...

 
Ford Posts First Quarter 2014 Financial Results
Ford Posts First Quarter 2014 Financial Results

25 Apr 2014, 11:58 UTC · By: Mircea Panait / The Ford Motor Company reported today its 19th profitable consecutive quarter, with a Q1 2014 pre-tax profit of $1.4 billion. As for income, the Blue Oval netted no less than $989 million or 24 cent...