Earnings

LARRY P. VELLEQUETTE

Will Marchionne's profits grab come up empty?

5:16 pm U.S. ET | Aug. 6, 2014
Chrysler Group CEO Sergio Marchionne today seemed like a grizzly bear standing amid a stream of happily swimming salmon....
Read More »

 

Chrysler's Q2 profits rise 22% to $619 million on Jeep, pickup gains

10:30 am U.S. ET | Aug. 6, 2014
Chrysler reported net income of $619 million in the second quarter on record Jeep sales and strong pickup deliveries. The second-quarter profit was 22 percent higher than the $507 million in net income posted during the same quarter of 2013. Revenue increased 14 percent to $20.5 billion....
Read More »

 

Visteon posts 11% rise in Q2 revenue, raises profit forecast

8:10 am U.S. ET | Aug. 6, 2014
Visteon reported an 11 percent rise in quarterly revenue and raised its full-year profit forecast as higher vehicle production boosts sales of air conditioning and electronics products....
Read More »

 

BMW second-quarter profit jumps 26% boosted by record car sales

Aug. 5, 2014 09:02 CET
BMW said its second-quarter operating profit rose 26 percent, as new models, a rebounding Europe and strong China sales boosted earnings....
Read More »

 

Toyota profit surges on U.S. SUV demand

3:21 am U.S. ET | Aug. 5, 2014
Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year....
Read More »

 

China business helps Pininfarina to cut its first-half loss

Aug. 4, 2014 13:05 CET
Pininfarina had an operating loss of 4.5 million euros in the first six months, 1.8 million euros less than in the same period last year....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity....
Read More »

 

Toyota dreams of green car future, but light-truck gains are driving profits

1:00 pm U.S. ET | Aug. 4, 2014
Toyota is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market....
Read More »

 

N.A. is key Nissan profit center in quarter

12:01 am U.S. ET | Aug. 4, 2014
Declining incentives, rising sales and added production at Nissan Motor Corp.'s North American operations fueled a 22 percent surge in operating profit in that region in the latest quarter....
Read More »

 

Plant switch boosts Mazda's N.A. profits

12:01 am U.S. ET | Aug. 4, 2014
Rising sales of Skyactiv models and resumed local production helped Mazda Motor Corp. nearly quadruple its North American operating profit in the most recent quarter. North America emerged as Mazda's second most profitable region in the fiscal first quarter that ended June 30, from its least profitable a year earlier....
Read More »

 

American Axle Q2 earnings rise on stronger non-GM business

3:56 pm U.S. ET | Aug. 1, 2014
American Axle & Manufacturing Holdings today reported improved second-quarter earnings, led by a strong increase in non-General Motors business....
Read More »

 

Audi's profits rise as sales growth offsets costs

Aug. 1, 2014 11:56 CET
Audi reported higher second-quarter operating profit, as gains from record vehicle sales outweighed the impact of spending on technology and foreign expansion....
Read More »

 

VW profit falls, raising pressure to cut costs

July 31, 2014 11:38 CET
Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings....
Read More »

 

Tesla's Q2 net loss widens to $62 million as r&d expenses soar

4:39 pm U.S. ET | July 31, 2014
Tesla's net loss widened to $61.9 million in the second quarter even though it assembled and delivered record numbers of Model S electric cars. Revenues surged nearly 90 percent....
Read More »

 

Superior’s Q2 net income drops 21%; Ark. plant to close

3:17 pm U.S. ET | July 31, 2014
Aluminum wheel supplier Superior Industries International said today that its second-quarter net income tumbled 21 percent from the year-earlier period to $5 million on flat sales of $199 million....
Read More »

 

BorgWarner net income up 9% for Q2 as engine division grows

2:24 pm U.S. ET | July 31, 2014
BorgWarner, a supplier of turbochargers and emissions systems, reported a 9 percent increase in net income for the second quarter as its engine division grows and the European market -- which makes up about half of the company's customer base -- continues to recover....
Read More »

 

Denso's quarterly profit falls on Japan labor costs, compact car shift

1:28 pm U.S. ET | July 31, 2014
Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable....
Read More »

 

Mazda, Subaru profit from strong U.S. sales amid downturn in Japan

10:43 am U.S. ET | July 31, 2014
Japanese automakers Mazda and Subaru parent company Fuji Heavy Industries said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in the April-June quarter....
Read More »

 

Delphi reports strong Q2 profit, but next quarter may disappoint

11:36 am U.S. ET | July 31, 2014
Delphi Automotive Plc today reported stronger-than-expected second-quarter profits, but offered a lower forecast for the third quarter....
Read More »

 

Continental raises 2014 profit forecast on lower costs, auto demand

July 31, 2014 11:26 CET
Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings....
Read More »

 

Mitsubishi's quarterly profit gains paced by Europe

4:14 pm U.S. ET | July 30, 2014
Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said today....
Read More »

 

Audi said to plan efficiency push to lower costs

July 30, 2014 20:45 CET
Audi CEO Rupert Stadler plans steps to boost efficiency and lower costs on all operating levels, a source said, as the luxury carmaker struggles to raise output and profit margins....
Read More »

 

Penske Q2 net income rises 18% on strong gains in all segments

7:30 am U.S. ET | July 30, 2014
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales....
Read More »

 

Audi CEO vows efficiency drive to enhance margins, report says

2:45 pm U.S. ET | July 30, 2014
Audi plans steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins....
Read More »

 

Fiat profit falls on weak North, South America performance; Europe loss reduced

July 30, 2014 11:33 CET
Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results....
Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
News by Brand


Rocket Fuel