Chrysler 2012 Profit Could Top $3 Billion
5 Jul 2012, 14:08 UTC · By: Mihnea Radu / Good new from the US auto industry once again today, as one of the Big Three seems to have put the bast behind it. Chrysler is on its way to achieving a profit of $3 billion or over in 2012, as the ...
Good Start to the Year for the Volkswagen Group
26 Apr 2012, 14:25 UTC · By: Andrei Nedelea / The VW group is off to a great start in 2012, with excellent sales and revenue figures for the first quarter. They have announced a 26.3% increase in their sales revenues for the first three mon...
BMW 5-Series Boost Profits in Q2 of 2011
2 Aug 2011, 14:32 UTC · By: Mihnea Radu / With a little help from the 5-Series, BMW has managed to increase its per-car profit in the second quarter, while keeping on track with the rest of its figures for the rest of the year. The BMW Grou...
Skoda Announces Record Sales and Profit for First Half
2 Aug 2011, 13:58 UTC · By: Mihnea Radu / We don’t know if we said this enough already, but the economic crisis seems to be gone. Sure, there might be another one in a year or two, but for now, people are buying more cars than ever, a...
Hyundai Posts 46% Profit in Q1
28 Apr 2011, 10:44 UTC · By: Cosmin Voicu / Sales in China, Europe and the United States increased for Hyundai and, as a result, the manufacturer’s Q1 profit reached 46%, according to Automotive News. Net income consisted of $1.75 bi...
Holden Back to Profit
12 Apr 2011, 09:31 UTC · By: Daniel Patrascu / A moment most of the Australian automotive industry was expecting for has finally arrived. The local division of American manufacturer GM, Holden, announced this week its financial figures for the ...
Hyundai Dealer Profits Trailing Behind Competition
21 Mar 2011, 17:20 UTC · By: Mihnea Radu / Month after month, Hyundai has reported increases in sales and record breaking values. But the picture is not as rosy at it might seem at first with the company’s North American division, acco...
Silverstone Records £2 Million Profit in 2010
11 Mar 2011, 14:38 UTC · By: Ovidiu Panzariu / Whereas a couple of years back Silverstone was on the verge of losing its place in the Formula 1 championship due to poor infrastructure and lack of investments in the Northamptonshire-based complex...
Opel to Return to Profit This Year
8 Mar 2011, 10:11 UTC · By: Bogdan Popa / Opel is finally back on track after the General Motors - Magna saga and, as far as the company executives are concerned, the brand should return to profit as soon as this year. Opel posted a $1.76 b...
General Motors Profitable in First Year as New Company
24 Feb 2011, 14:50 UTC · By: Bogdan Popa / General Motors died and rose from its own ashes to finally become a profitable company in calendar year 2010. Because yes, the US-based giant has posted a profit in the year which ended December 31,...
Daimler Reports Strong Financial Results for 2010
16 Feb 2011, 10:45 UTC · By: Daniel Patrascu / Last year has been a very successful one for Daimler, and the industry pretty much knows it by now. The last unanswered question, how much the group earned last year, was answered today, after the G...
2010 Was a Record Year for Ferrari
11 Feb 2011, 09:21 UTC · By: Mihnea Radu / Ferrari’s Board of Directors met yesterday to analyze the Italian supercar maker’s results for the 2010 year, which proved to be an extremely good one as a number of key figures exceedin...
Huge Profit Coming Ford's Way
24 Jan 2011, 14:30 UTC · By: Daniel Patrascu / It's been ten years, if we are to judge by estimates which precede Ford's year-end financial results, since the car maker hasn't registered such good results. A decade during which Fo...
AvtoVAZ Back in the Game, Posts Profit
17 Nov 2010, 14:33 UTC · By: Bogdan Popa / It seems like miracles do happen... After several months of fighting to survive, AvtoVAZ managed the impossible: it returned to profit, posting a net profit of 622m roubles (US$20m) for January-Sept...
Toyota Reports Fourfold Profit
5 Nov 2010, 14:50 UTC · By: Andrei Costea / Toyota posted a second quarter of the fiscal year profit figure of 98.7 billion yen ($1.2 billion) last Friday, a spectacular increase over last year's 21.8 billion yen profit, but lower than e...
Daimler Trucks to Return to Profit
21 Sep 2010, 09:34 UTC · By: Daniel Patrascu / Being one of, if not the largest truck manufacturer in the world, Daimler Trucks felt the full force of the economic meltdown of 2009. With the truck market dropping to half in the terrible year tha...
Spyker Posts First Half Loss
27 Aug 2010, 09:13 UTC · By: Daniel Patrascu / The Dutch company which in the beginning of the year managed to save Saab from being hit by GM's bloody ax posted its financial results for the first half of the year and the numbers are not at...
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...
Honda Recorded 28 Percent Higher Sales in Q1 2010
28 Apr 2010, 14:15 UTC · By: Dan Mihalascu / Honda posted a $774 million profit for the first three months of the year, managing to overcome the difficult period of last year, when the company recorded losses. Increasing demand from China and ...
Volvo AB, Back to Profit
23 Apr 2010, 12:45 UTC · By: Daniel Patrascu / After struggling for the better part of 2009 with negative financial results, Swedish truck maker Volvo AB announced it has returned to profit, after reporting a 1.68 billion Swedish kronor ($238 mi...