Tesla Back to Profit
11 Aug 2009, 10:36 UTC · By: Bogdan Popa / At least this is what company officials are claiming as we haven't seen Tesla's books. Nevertheless, Tesla is again profitable, with strong sales in July bringing $20 million in revenue. T...
GM, Profitability by 2011
6 Aug 2009, 14:27 UTC · By: Bogdan Popa / Things are getting better for former bankruptcy automaker General Motors who's experiencing high sales in the domestic market following the US government scrapping scheme. And the future sounds...
Lamborghini's H1 Profits Down
3 Aug 2009, 12:02 UTC · By: Daniel Patrascu / Being an exclusivist sports car manufacturer in today's economy is no easy feat, and even if it still posted profit, Lamborghini witnessed a very slow first half of the year. The manufacturer p...
Audi Posts 823M Euros H1 Operating Profit
31 Jul 2009, 09:37 UTC · By: Daniel Patrascu / German manufacturer Audi released today its financial result for the first half of the year, with numbers showing an operating profit of 823 million euros, down from the 1.3 billion posted last year...
Volkswagen Posts 1.2 Billion Euros Operating Profit in H1
30 Jul 2009, 10:15 UTC · By: Daniel Patrascu / After last week it proudly announced it managed to increase its global market share to 12 percent, German manufacturer Volkswagen posted today its financial results for the first half of the year, r...
Honda Posts Q1 Profit
29 Jul 2009, 10:49 UTC · By: Daniel Patrascu / Surprisingly, Japanese manufacturer Honda managed to post profit for the first quarter of the fiscal year ending in March 2010, with figures showing a $267 million operating profit for the April-Jun...
Tata Motors Improves Q1 Profit by 58 Percent
27 Jul 2009, 13:25 UTC · By: Bogdan Popa / Things are going pretty well for Tata Motors, in spite of voices hinting that 2009 will be also a difficult year for the auto sector. The Indian manufacturer which owns Jaguar Land Rover reported a ...
Toyota Expects Profit Next Year
24 Jul 2009, 13:16 UTC · By: Bogdan Popa / Japanese manufacturer Toyota, currently the world's number one automaker, expects a new loss in North America, despite admitting that sales are going pretty well at this time and it delivers mo...
Ford Credit Posts Q2 Profit
23 Jul 2009, 14:14 UTC · By: Daniel Patrascu / American manufacturer Ford's Credit division announced today its financial results for the second quarter of the year, posting a net income of $413 million in the second quarter of 2009, an imp...
Fiat Pleased with Q2 Results
22 Jul 2009, 14:02 UTC · By: Alexandru Radu Chis / Fiat Group announced earlier today its results for the second quarter of 2009. While the net loss was estimated at around 179 million euro, the auto maker said that “the result was nearly at b...
Ford on the Way to Profit, Records Increasing Demand
29 Jun 2009, 07:19 UTC · By: Bogdan Popa / Ford, who has just received $5.9 billion in US loans for advanced vehicle technologies, says the company is performing better in the domestic market and, as a result of increasing demand, it plans t...
Lamborghini Expects No Recovery Until 2011
11 Jun 2009, 09:04 UTC · By: Bogdan Popa / Even if some automakers are already seeing the first signs of recovery, others are still fighting with the economic recession. Lamborghini, the luxury sports carmaker which reported positive results...
Audi to Pay 157 Million Euros in Workers Profit-Sharing Bonus
26 May 2009, 08:43 UTC · By: Bogdan Popa / Despite the fact that the automotive industry is currently experiencing one of the most radical shakedowns in its history, a few companies still recorded profits last year. Audi for example confirme...
Ford Hopes to See Profit in 2011
15 May 2009, 08:33 UTC · By: Bogdan Popa / Ford, a.k.a. the only Detroit Three member who hasn't sought government support in its life-saving strategy, said it expects to return to profitability as soon as 2011. In the annual meeting wi...
Audi Posts 363 Million Euro Profit in Q1
13 May 2009, 10:05 UTC · By: Daniel Patrascu / It's not much, but it's a start...One of the few manufacturers to have posted a profit for the fiscal year 2008 (in fact, it was the company's 13th consecutive record year), Audi come...
Volkswagen Unveils Profit in Q1
24 Apr 2009, 09:15 UTC · By: Bogdan Popa / Despite the difficult environment and the economic recession we're currently living in, German manufacturer Volkswagen managed to post profit in the first quarter of 2009, according to the late...
Zoom-Zoom Expects $144 Million Fiscal Year Loss
5 Feb 2009, 11:00 UTC · By: Bogdan Popa / There's no wonder that automakers announce the lowest sales in the history but it's simply sad to see all the large companies we used to see praising models and revenues crying for governm...