Tesla's 25 Percent Gross Margin Carried on the Model 3 Would Spell Tons of Ca$h
9 May 2017, 11:51 UTC · By: Vlad Mitrache / If Tesla manages to maintain roughly the same gross margin it has on its premium vehicles for the more mainstream Model 3 as well, it's headed to cash paradise
Audi Makes €2.9-Billion in Profit in the First Half of 2012
1 Aug 2012, 10:33 UTC · By: Andrei Nedelea / Credit crunch or no credit crunch, it is clear that lots of people are buying luxury cars. While the demand for large luxurious sedans in Europe has significantly fallen, the Chinese market, along w...
Ecclestone and F1 Teams Enjoyed Pay Raise in 2010
6 Apr 2011, 14:38 UTC · By: Ovidiu Panzariu / While FIA president Jean Todt will be seeking to squeeze more money for the international federation from Bernie Ecclestone when the new Concorde Agreement will be signed next year, the F1 chief exe...
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,...
BMW Group Announces 2009 Earnings
29 Jan 2010, 09:23 UTC · By: Alex Vasile / The recession did not affect everybody the same, especially in the auto industry. BMW Group said that, despite the financial and economic crisis worldwide, it managed to reach its objectives for 200...
Marchionne Promises: Chrysler to See Profit in 2011
12 Oct 2009, 08:54 UTC · By: Bogdan Popa / The new Chrysler, as the company is called after the official exit from bankruptcy, is going to become profitable in 2011. At least, this is what the new CEO of the company, Sergio Marchionne, is pr...
Harley-Davidson Announces More Layoffs
17 Jul 2009, 10:45 UTC · By: Alina Dumitrache / The financial situation is far away from being pink for Harley-Davidson, the iconic American motorcycle manufacturer, as it has recently reported a significant decrease in the second quarter of 2009...
FOTA to Discuss Brawn GP Revenues on May 6
21 Apr 2009, 05:37 UTC · By: Ovidiu Panzariu / Following the “diffuser saga” that ended with an unfavorable verdict for the protesting teams last week, Renault's boss Flavio Briatore has officially asked the Formula One Teams As...