Earnings

N. America revs up Nissan's profit engine

12:01 am U.S. ET | May 18, 2015

North America has returned as Nissan's top profit engine thanks to reined-in incentives, smoother production starts and a rush of new product. CEO Carlos Ghosn calls the region the carmaker's biggest "bright point" and promises there is room to improve market share and profitability.... Read More »

Ford profit decline poised for a reversal in 2015, Fields says

11:15 am U.S. ET | May 14, 2015

Ford CEO Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company's lagging stock by promising the company is poised for a profit liftoff in the year's second half.... Read More »

Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group.... Read More »

Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO.... Read More »

Mobileye wins 2 contracts for its EyeQ4 chip

11:38 am U.S. ET | May 11, 2015

Mobileye, the Israeli designer of camera-based Advanced Driver Assistance Systems, or ADAS, for active safety and automated driving, has won two contracts to outfit vehicles with its EyeQ4 chips as standard equipment by the end of the decade.... Read More »

Subaru will add capacity 4 years ahead of schedule

12:01 am U.S. ET | May 11, 2015

Red-hot Subaru, gunning for a seventh year of record U.S. sales, is boosting production capacity in North America four years ahead of schedule.... Read More »

BMW faces opposition to CEO Reithofer's elevation to supervisory board, report says

May 10, 2015 10:56 CET

BMW faces opposition at its upcoming annual shareholders meeting to the appointment of outgoing CEO Norbert Reithofer as its supervisory board chairman, a German newspaper reported.... Read More »

Cooper-Standard income up in Q1

2:27 pm U.S. ET | May 8, 2015

Cooper-Standard Holdings reported diminished sales due to foreign currency fluctuations, but improved income from a recent stake acquisition in its first quarter.... Read More »

Analysts question Tesla's cash position

6:46 am U.S. ET | May 8, 2015

Analysts are voicing concerns about Tesla Motors' cash, saying the maker of electric cars and energy-storage products may need to raise money.... Read More »

FCA US says it earned $312 million in Q1

12:01 am U.S. ET | May 8, 2015

Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges.... Read More »

FCA US says it earned $312 million in Q1

2:50 pm U.S. ET | May 7, 2015

Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges.... Read More »

Linamar generates record Q1 earnings

1:55 pm U.S. ET | May 7, 2015

Canadian auto-parts maker Linamar said its first-quarter earnings and sales surged to records.... Read More »

Visteon posts Q1 sales bump after acquisition

10:54 am U.S. ET | May 7, 2015

Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business.... Read More »

Magna Q1 earnings rise 18%

11:45 am U.S. ET | May 7, 2015

Diversified Canadian supplier Magna International today reported sharply higher first-quarter earnings while revenues fell because of weaker currency values vs. the US dollar.... Read More »

KAR Auction Q1 net income doubles

3:11 pm U.S. ET | May 6, 2015

KAR Auction Services, parent company of ADESA, said its net income more than doubled to $54.5 million on revenues that increased 8.3 percent to $632.4 million in the first quarter.... Read More »

BMW Q1 profit rises 21% as U.S., Europe demand offsets slowing China

May 6, 2015 08:40 CET

BMW reported a 21 percent jump in first-quarter profit as stronger demand in the U.S. and Europe for models such as the X5 SUV offset slowing demand in China.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went.... Read More »

TRW says Q1 revenue up 7%, profits rise

3:36 pm U.S. ET | May 5, 2015

TRW Automotive, which is being acquired by German supplier ZF Friedrichshafen, said today that first quarter revenue grew 7 percent from last year, excluding effects of currency and divested business.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went.... Read More »

VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday.... Read More »

American Axle profits rise; non-GM sales grow

8:53 am U.S. ET | May 1, 2015

American Axle & Manufacturing Holdings reported improved first-quarter earnings thanks to strong North American truck and SUV sales.... Read More »

Delphi looking for acquisition of $1 billion-$3 billion, CEO says

9:58 am U.S. ET | April 30, 2015

Delphi CEO Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software.... Read More »

Ghosn's clash with French state comes to the boil

April 30, 2015 12:36 CET

The dispute between Renault CEO Carlos Ghosn and the French government was set to come to a head at the automaker's annual meeting today as the state moves to keep the automaker under French control. The government is nearly certain to win.... Read More »

Ford posts 7% drop in Q1 profit, still sees 'breakthrough year'

7:02 am U.S. ET | April 28, 2015

Ford, which has forecast a "breakthrough year" for itself after remaking a large swath of its global lineup, today said its first-quarter net income fell 6.6 percent to $924 million as the launch of its aluminum-bodied pickup cut production.... Read More »

Group 1's net income rises 14% in Q1

7:50 am U.S. ET | April 28, 2015

Group 1 Automotive reported net income rose 14 percent to $36 million in the first quarter, driven by solid gains in sales of both new and used vehicles in its core operations in the robust US market.... Read More »

Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video
     
News by Brand