Delphi trims 2015 sales, profit outlook on slowdown in China

12:34 pm U.S. ET | Oct. 29, 2015

Delphi Automotive cut its annual profit and sales forecasts to below analysts' estimates as China's vehicle market slows....
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BorgWarner cuts 2015 profit, sales outlook on VW woes, exchange rates

9:39 am U.S. ET | Oct. 29, 2015

Automotive supplier BorgWarner lowered its forecast for 2015 profits as its biggest customer, Volkswagen, suffers from lower sales following violations of diesel emissions tests....
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VW slumps to third-quarter loss on emissions scandal

Oct. 28, 2015 10:03 CET

Volkswagen posted a 3.48 billion euro ($3.84 billion) third-quarter loss over costs related to its rigging of diesel emissions tests, its first quarterly deficit in more than 15 years....
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Ferrari Q3 earnings jump on higher vehicle shipments

Oct. 28, 2015 15:06 CET

Ferrari reported a 22 percent rise in third-quarter adjusted core profit as a jump in vehicle shipments offset lower sales of engines to sister brand Maserati....
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Federal-Mogul loss widens in Q3 on currency woes

4:53 pm U.S. ET | Oct. 28, 2015

Federal-Mogul reported a wider net loss of $62 million in the third quarter from a year earlier as currency fluctuations took their toll on the supplier's revenue....
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Sonic's Q3 profit rises 7.3% on strong used-car business

7:30 am U.S. ET | Oct. 28, 2015

Sonic Automotive's third-quarter net income rose 7.3 percent from a year earlier to $26.5 million on strong used-car sales, fixed operations and its new sales initiative called One Sonic-One Experience....
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FCA reports $331 million Q3 loss on charge for 'regulatory and recall environment'

10:15 am U.S. ET | Oct. 28, 2015

Fiat Chrysler Automobiles reported a net loss of $331 million in the third quarter despite a strong performance in North America and recoveries in Europe and Latin America. The loss stemmed largely from a $667 million charge to reflect the “current regulatory and recall environment.”...
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AutoNation's Q3 net rises 11%

8:45 am U.S. ET | Oct. 28, 2015

AutoNation's third-quarter net income rose 11 percent to $118.5 million from a year earlier, as revenues increased 9.1 percent to $5.35 billion. Revenues rose across all business lines, climbing by double digits for new-vehicle sales as well as finance and insurance....
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BLOG: How Ford got punished by Wall Street's 'we know better' formula

12:42 pm U.S. ET | Oct. 27, 2015

When is doing better than you thought a bad thing? When Wall Street doesn't listen....
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Ford posts highest-ever N.A. profit as global earnings double

7:15 am U.S. ET | Oct. 27, 2015

Ford had its best-ever quarter in North America and more than doubled its global earnings from a year earlier as redesigns of the F-150 and other high-profit nameplates began to pay off. Ford posted third-quarter net income of $1.9 billion, up from $833 million in the same period of 2014. It earned a pretax profit of $2.7 billion in North America....
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VW set to post first loss in more than 15 years

Oct. 27, 2015 13:07 CET

VW Group CEO Matthias Mueller is set to unveil the company's first quarterly loss in more than 15 years. He also will face his first public grilling from investors as he tries to gain their trust during the automaker's diesel-emissions crisis....
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Mitsubishi Q2 net falls 14% despite revenue gain

6:35 am U.S. ET | Oct. 27, 2015

Mitsubishi Motors' net income fell 14 percent to 28.1 billion yen ($234.6 million) in the fiscal second quarter ended Sept. 30, despite a 9.2 percent rise in revenues....
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PSA boosts third-quarter revenue as Europe upturn offsets China slowdown

Oct. 26, 2015 12:11 CET

PSA/Peugeot-Citroen posted a 3.2 percent increase in third-quarter revenue as recovering European demand shielded the carmaker from the worst of a slowdown in China sales....
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VW CEO to update Merkel on emissions probe during China trip, report says

Oct. 26, 2015 13:13 CET

VW CEO Matthias Mueller will update German Chancellor Angela Merkel on the carmaker's internal emissions probe during a trip to China, a source said. VW's China deliveries accounted for over a third of the automaker's global sales last year....
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Lear reports 28% gain in Q3 earnings as acquisitions take root

11:02 am U.S. ET | Oct. 23, 2015

Automotive seating and electronics supplier Lear reported a 28 percent gain in net income as the impact of key acquisitions in the last year took root in the company's balance sheets....
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Autoliv Q3 net income falls on softer China market, but growth strong

Oct. 23, 2015 14:54 CET

Autoliv said its third quarter net income fell 7 percent to $99 million, citing weaker results in the slowing Chinese auto market. But the company said overall business growth remained strong....
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BLOG: Tough tasks ahead for new Skoda chief

12:01 am U.S. ET | Oct. 23, 2015

New Skoda CEO Bernhard Maier inherits a brand in good shape but he must deal with cooling China and Russia markets, and address the problem of Skodas fitted with VW Group's cheat software....
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Hyundai quarterly profit falls 23% on China slowdown

8:28 am U.S. ET | Oct. 22, 2015

Hyundai reported quarterly profit fell 23 percent after a slump in China deliveries overshadowed gains in SUV sales in the U.S., Europe and South Korea....
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Daimler Q3 profit surges on robust demand in Europe, China

Oct. 22, 2015 08:46 CET

Daimler's third-quarter operating profit jumped by almost a third as strong demand in Europe and China coupled with new product launches spurred its vehicle sales to a record....
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GM's Q3 operating profit jumps 37% to $3.1 billion on truck gains

7:45 am U.S. ET | Oct. 21, 2015

General Motors' surging truck sales delivered heavy-duty profits during the third quarter, leading the automaker to its best financial performance since before its 2009 bankruptcy....
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Lithia gears up acquisitions to meet new profit goal

11:07 am U.S. ET | Oct. 21, 2015

Lithia Motors is ramping up its store acquisition strategy after setting aggressive new earnings goals. “We are looking at approximately 30 deals in the New Jersey and L.A. markets,” Lithia CEO Bryan DeBoer said today after reporting strong gains during the third quarter....
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Asbury Q3 net income jumps 57% on store divestitures

11:40 am U.S. ET | Oct. 21, 2015

Net income at Asbury Automotive Group Inc. jumped 57 percent to $51.1 million in the third quarter, boosted largely by a gain on divestitures. Asbury CEO Craig Monaghan described the quarter as “another record.”...
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Aston Martin's losses triple in 2014

Oct. 16, 2015 15:52 CET

Aston Martin saw its losses almost triple in 2014 following a recall of thousands of its cars and declining sales in China....
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Jaguar Land Rover says Tianjin blast to hit Q2 earnings

7:18 am U.S. ET | Oct. 14, 2015

Jaguar Land Rover said its fiscal second-quarter financial results will be affected by a blast at the Chinese port of Tianjin in August that destroyed or damaged many of the 5,800 vehicles the company had at the site....
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VW brand faces full-year loss on emissions rigging costs, report says

Oct. 9, 2015 15:48 CET

Volkswagen's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's rigging of diesel emissions tests, Reuters reported, citing company sources....
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GM's Barra: Tapping into ideas from Silicon Valley

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