EarningsAmerican Axle swings to Q3 profit, sales up 17% 12:36 pm U.S. ET | Nov. 1, 2013  American Axle posted net income of $31.6 million in the third quarter, a swing from a loss of $8.2 million in the year-earlier period.... Read More »
Tesla's stock surge hits $4.1 billion pothole in October 8:48 am U.S. ET | Nov. 1, 2013 Tesla suffered its biggest one-month loss of market value in October amid concern among some investors that a fivefold stock-price surge outpaced the growth prospects for Elon Musk's electric-car company.... Read More »
Superior Industries profit falls 66% after tax hit 11:30 am U.S. ET | Nov. 1, 2013
Ford sees progress in Europe as 'exciting'Nov. 1, 2013 06:15 CET  Ford executives are excited that the automaker's global regions of Europe, Africa, South America and Asia Pacific posted a combined quarterly profit for the first time since the second quarter of 2011.... Read More »
Mazda profits surge 60% on currency gains, strong sales 2:11 pm U.S. ET | Oct. 31, 2013  Mazda said its profits in the quarter ended Sept. 30 surged on exchange-rate gains and higher sales. Net income jumped 60 percent to 19.53 billion yen ($198.5 million) as revenue rose 24 percent to $6.5 billion.... Read More »
Ford targets sustained North America profit amid F-series change 11:10 am U.S. ET | Oct. 31, 2013  Ford wants to maintain record earnings in North America next year as analysts project that a transition to new F-series pickups might trim production, the automaker's president for the region said.... Read More »
BorgWarner profits skyrocket 65% in Q3Oct. 31, 2013 06:01 CET  BorgWarner, the maker of automotive turbochargers and emission systems, reported a 65 percent rise in quarterly profit, partly due to higher demand for fuel-efficient vehicles.... Read More »
Subaru raises annual profit forecast on record U.S. sales 6:58 am U.S. ET | Oct. 31, 2013  The maker of Subaru cars has lifted its already rosy full-year profit and sales forecasts on the back of a weaker yen and plans for a fifth-straight year of record sales in the United States.... Read More »
Chrysler Q3 net income climbs 22% to $464 million 6:41 am U.S. ET | Oct. 30, 2013  Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the 2014 Jeep Cherokee. The third-quarter profit -- the company's ninth consecutive quarter in the black -- was up 22 percent from the $381 million profit it posted during the same quarter of 2012... Read More »
GM bolsters N.A. earnings, cuts European losses 7:30 am U.S. ET | Oct. 30, 2013  A jump in profits in North America and shrinking losses in Europe propelled General Motors' third quarter results, but Asia has emerged as a potentially lingering trouble spot. Overall, GM's net income fell 53 percent from a year earlier, to $698 million, hurt by one-time expenses.... Read More »
Tower swings to $3.3 million Q3 profit, raises forecast 2:43 pm U.S. ET | Oct. 30, 2013 Tower International, which supplies structural metal components and assemblies to automakers, said today it posted third-quarter net income of $3.3 million.... Read More »
BorgWarner profits skyrocket 65% in Q3 1:25 pm U.S. ET | Oct. 30, 2013  BorgWarner, the maker of automotive turbochargers and emission systems, reported a 65 percent rise in quarterly profit, partly due to higher demand for fuel-efficient vehicles.... Read More »
Fiat lowers 2013 profit target as quarterly earnings declineOct. 30, 2013 16:04 CET  Fiat Group has lowered its profit target for 2013 as sales in Brazil slumped and losses in Europe persisted.... Read More »
GM cuts European losses, bolsters N.A. earningsOct. 30, 2013 12:17 CET  GM continued to trim its losses in Europe in the third quarter and posted a solid bottom line in North America on strong production of trucks and SUVs.... Read More »
VW quarterly profit advances 20% as automaker cuts spendingOct. 30, 2013 10:19 CET  VW Group reported a 20 percent increase in third-quarter operating profit as the automaker focused on cutting costs to boost earnings.... Read More »
Chrysler Q3 net income climbs 22% to $464 millionOct. 30, 2013 12:41 CET  Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the new Jeep Cherokee.... Read More »
VW operating profit up 20% amid cost cuts 6:42 am U.S. ET | Oct. 30, 2013  Volkswagen posted a 20 percent increase in third-quarter operating profit as Europe’s largest automaker cut costs to compensate for a slumping market in its home region that’s pressuring manufacturers to lower car prices.... Read More »
Johnson Controls says divesting unprofitable interiors unit is an optionOct. 30, 2013 06:01 CET  Johnson Controls said it would explore various options for its unprofitable automotive interiors unit, including a divestiture.... Read More »
JCI says divesting unprofitable interiors unit is an option 12:46 pm U.S. ET | Oct. 29, 2013  Johnson Controls said it would explore various options for its unprofitable automotive interiors unit, including a divestiture.... Read More »
Penske's Q3 net surges 59% on strong U.K. sales 12:14 pm U.S. ET | Oct. 29, 2013  Penske Automotive Group reported strong third-quarter gains due in part to its concentration of stores in the United Kingdom. The company also kept costs down and had solid sales of finance and insurance products.... Read More »
Mitsubishi posts gains in quarterly, first-half profits 12:20 pm U.S. ET | Oct. 29, 2013  Mitsubishi Motors today said that its net income jumped 56 percent in the fiscal first half ended Sept. 30 to 46.73 billion yen ($475.8 million), as revenue rose 8 percent to $9.46 billion.... Read More »
Lear raises forecast on strong U.S. demandOct. 27, 2013 06:01 CET  Lear, which counts on Europe for more than one-third of its business, raised its full-year sales and operating profit forecast as demand rose for its auto seats and electric power systems.... Read More »
Lear raises forecast as strong U.S. auto sales boost demand for parts 8:55 am U.S. ET | Oct. 25, 2013  Lear raised its full-year forecast as demand rose for its auto seats and electric power systems due to strong vehicle sales in the United States.... Read More »
Kia profits rise 8.9% in Q3 despite strike-related losses 9:14 am U.S. ET | Oct. 25, 2013  A three-week union strike in its home market hampered Kia Motors profits during the third quarter, but the automaker said it still posted an 8.9 percent gain in net income.... Read More »
Hyundai third-quarter profit advances on China, BrazilOct. 25, 2013 06:01 CET  Hyundai reported its first profit increase in four quarters after sales rose in China and demand for hatchbacks helped boost deliveries in Brazil.... Read More »
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