Toyota quarterly profit rises 10% as currency gains offset weaker U.S. businessNov. 7
Toyota's quarterly operating profit rose 10 percent as gains from favorable foreign exchange rates offset weakening business in the U.S. market, where rising incentives and falling wholesale volume dented regional profitability.
BMW loses ground to Mercedes as Q3 earnings fall on investment costsNov. 7
Daimler Q3 profit falls 14% on diesel costsOct. 20
Mitsubishi to accelerate r&d, capital spending, report saysOct. 17
VW told by California legislators to build EV charging stations in poor areasJune 16
Ferrari, Aston Martin, Maserati sales soar in China as rich snub austerity pushApril 20
Sales of high-end sports cars from automakers including Ferrari, Aston Martin, Maserati and McLaren are soaring in China, four years after China's President Xi Jinping started cracking down on corruption and conspicuous consumption in the world's No. 1 market.
Jeep, Nissan, Fiat, Infiniti among brands skipping Frankfurt auto showApril 6
One of the world's biggest auto shows, in Frankfurt, will be missing at least nine brands this year including three Fiat Chrysler units, Nissan and two PSA brands, as more automakers shift marketing outlays.
BMW champions profit over wow factor as product lull persistsMarch 7
BMW product on display at the Geneva auto show this week include a wagon version of the long-running 5 series and the 4-series coupe with an upgraded interior -- hardly the stuff to make a car lover swoon. This is in stark contrast to the flashy models on show from its rivals.
Discounts drive Hyundai profit to 5-year low; uncertain 2017 aheadJan. 25
Hyundai Motor posted its lowest quarterly profit in about five years, hurt by the cost of steep discounts on small sedans. The automaker cautioned it expected more uncertainty ahead as competition and protectionism increase.
Continental expects losses from EV products until 2019Dec. 15, 2016
Continental CEO Elmar Degenhart says the supplier will continue to post losses with products for electric cars until at least 2019. Electro-mobility will only massively take off between 2025 and 2030, Degenhart told a German business magazine.
China slaps 10% tax on ultraluxury vehiclesDec. 1, 2016
Continental eyes strong final quarter after Q3 profit plungesNov. 10, 2016
Continental expects strong earnings in the fourth quarter after profit plunged 40 percent in the July-to-September period because of special effects. The supplier took a 450 million euro hit from the costs of warranty cases, pending antitrust proceedings and increased r&d spending.