Mercedes-Benz Giving German Employees Record Bonus, Close to $7,000
15 Dec 2021, 15:33 UTC · By: Daniel Patrascu / In February 2022, Daimler will pay each of the about 100,000 eligible workers a bonus of 6,000 euros (about $6,762) as profit-sharing
Nissan Announces Profitability for First Time Since Chip Shortage Began
15 Nov 2021, 15:02 UTC · By: Benny Kirk / Nissan first reported signs of profits on November 9th when they announced their July-September quarter revenue reports with sales up 1% in Asia
Tesla's 2020 Profit Didn't Come From Selling Cars, But Regulatory Credits
1 Feb 2021, 17:29 UTC · By: Vlad Mitrache / Tesla's profitability played a huge role in the 743% stock rise in 2020, but that may not have happened without the indirect help of other manufacturers
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
All-Time Record Bonus for German Daimler Employees
1 Feb 2018, 09:44 UTC · By: Daniel Patrascu / Daimler to pay 5,700 euros to each of its 130,000 eligible Germany-based employees following a record year for the auto group
Volkswagen Has New Strategy For The Next Decade, Focus Is On SUVs And Electrics
25 Nov 2016, 14:24 UTC · By: Sebastian Toma / Volkswagen has presented its strategy for the next decade, named Transform 2025+. The company plans a major overhaul, and it wants to be an EV leader
Volkswagen Announces €3,950 Employee Bonus for 2015 Fiscal Year
14 May 2016, 10:17 UTC · By: Mihnea Radu / Despite posting a loss, Volkswagen is giving its employees a 2015 fiscal year bonus because it was a challenging year for production
GM Reports 2013 Net Income of $3.8 Billion
7 Feb 2014, 10:43 UTC · By: Ciprian Florea / General Motors has announced a 2013 calendar-year net income of $3.8 billion, down from $4.9 billion in 2012. Despite the net income dropping by 22 percent, revenue increased two percent to $155,4 b...
Ford Reports 2013 Pre-Tax Profit of $8.6 Billion, Workers Get $8,800 Bonus
29 Jan 2014, 17:03 UTC · By: Ciprian Florea / Ford Motor Company has announced a pre-tax profit of $8.6 billion for 2013, an increase of $603 million compared to the previous year and its highest full year automotive pre-tax profit in more than...
Chrysler Reports Q3 Net Income of $464 Million
30 Oct 2013, 16:49 UTC · By: Ciprian Florea / Chrysler Group has just announced a 2013 third-quarter net income of $464 (€337) million, which means an increase of 22 percent from $381 (€276) million a year ago, adding that net revenue...
Subaru Could Expand Its Lineup
9 Aug 2013, 14:50 UTC · By: Ciprian Florea / Japanese automaker Subaru could expand its lineup in the near future as some people in the company may want to build mass-market or cheaper vehicles, company president Yasuyuki Yoshinaga revealed ea...
Tesla Shares Up 24 Percent Following First Quarter Profit
10 May 2013, 14:51 UTC · By: Ciprian Florea / With a first quarter 2013 profit of $11 million and a 99 out of 100 score from Consumer Reports, everything seems to work just fine for Tesla Motors. And good news keep pouring in for the EV manufac...
Mazda Turns To Profit After 5 Years
29 Apr 2013, 16:53 UTC · By: Gabriel Brindusescu / Japan-based automaker Mazda announced last week that they will make some profit for the first time in the last 5 years. During to the crisis, Japan’s fifth biggest auto exporter Mazda lost ...
Cars Sold in Germany Cost €26,000 on Average in 2012, Porsche Makes Biggest Profit
29 Apr 2013, 16:04 UTC · By: Mihnea Radu / As you've probably heard by now, Germany went "what crisis" and kept on buying new cars the past few years, as France or Italy sank to new market lows. Not only is the market strong i...
Kia Named One of Top 100 Best Global Brands
3 Oct 2012, 10:12 UTC · By: Mihnea Radu / According to a 2012 study made by Interbrand, the world’s largest brand consulting agency, Kia is now one of the ‘Top 100 Best Global Brands”. Kia’s brand is valued at $4....
Honda's European, North American Profit Goes Down
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global recession affected profits of most carmakers, especially the ones exporting vehicles to the United States market and unfortunately, Honda is not an exception to the rule. According to fig...
2008 – One of the Most Successful Years for BMW
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Despite the financial difficulties experienced by most auto manufacturers in the world, German carmaker BMW today announced that 2008 will represent one of the most successful years in its history, ...
GM Sees Slow Sales in Most Markets
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors today published the third quarter 2008 figures, unveiling decreasing sales in most markets around the world. Chevrolet sold by far the biggest number of vehicles, with 1.083 million u...
Ford-Mazda - “The Best Working Alliance That Has Existed!”
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even if American carmaker Ford plans to sell all, or at least, a part of its 33.4 percent controlling interest in Mazda, the relationship between the two manufacturers will remain very strong, repre...
Short Commentary: ExxonMobil Touts Record Profit During Crisis
21 Nov 2012, 14:06 UTC · By: Tudor Raiciu / One man's meat is another man's poison, that's the proverb that best describes this rather strange, if not ridiculous, situation. While car manufacturers are mulling partnerships, cut...