Earnings

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Peugeot CEO Picat improved the brand's pricing

June 2, 2015 06:15 CET

Peugeot CEO Maxime Picat has played a key role in PSA's financial turnaround as head of the automaker's largest division by improving the retail pricing of the French brand's vehicles in Europe. Picat told Automotive News Europe how Peugeot plans to keep improving....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Profits remain elusive despite Europe's sales rebound

June 1, 2015 06:15 CET

New-car sales in Europe increased for the 20th consecutive month in April and four-month sales were up 8 percent, but not all executives are convinced that this higher volume will translate into higher profitability. Some have called what's happening a margin-less recovery because the rebound hides the fact that only the strongest can squeeze a profit....
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Audi targets volume brands to keep China luxury lead

May 29, 2015 06:01 CET

Audi expects to offset softening demand for large luxury cars in China by winning sales from volume brands. Younger consumers are switching from midsize models to compact premium cars such as the A3 Sportback, according to company executives....
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Valeo expects higher sales, profits this year

May 27, 2015 12:05 CET

Valeo CEO Jacques Aschenbroich reiterated that the supplier's sales in 2015 will outpace growth in global markets. Aschenbroich expects an operating margin slightly higher than the 7.2 percent margin in 2014....
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Jaguar Land Rover profit declines most in two years

May 26, 2015 15:13 CET

Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world's largest vehicle market....
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Schaeffler Q1 profit buoyed by vehicle demand, weak euro

May 21, 2015 11:41 CET

German supplier Schaeffler reported a 3.8 percent rise in quarterly operating profit because of robust demand from carmakers in the U.S. and China as well as the effects of a weaker euro....
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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....
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Brembo raises sales growth outlook for 2015

May 15, 2015 15:47 CET

Italian supplier Brembo is expecting sales growth of as much as 12 percent this year, more than previously anticipated, after a promising first quarter....
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Penske seeks $1 billion for truck parts unit, report says

3:38 pm U.S. ET | May 15, 2015

Roger Penske's holding company is exploring a sale of Truck-Lite in a deal that could value the maker of lighting, wiring harnesses and mirrors for trucks at close to $1 billion, people familiar with the matter told Reuters....
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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....
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BMW's new CEO starts in shadow of predecessor's shift to chairman

May 13, 2015 10:50 CET

The first test facing Harald Krueger, BMW Group's new CEO, will be to emerge from the shadows of his predecessor, Norbert Reithofer, who will be watching over his shoulder as the new chairman....
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Nissan operating profit falls 13% as strong N.A. sales offset by Japan, China weakness

5:17 am U.S. ET | May 13, 2015

Operating profit at Nissan declined 13 percent in the latest quarter, as falling sales in key markets such as Japan and China offset gains from a favorable exchange rate and robust sales in its top market, North America....
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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....
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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....
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Suzuki 2014 profit fell on weak Asia demand

May 11, 2015 11:15 CET

Suzuki said its annual operating profit fell 4.4 percent, the first time it has fallen in six years, as weak demand in Japan and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market....
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Toyota quarterly profit jumps 46% on U.S. sales, weak yen

2:39 am U.S. ET | May 8, 2015

Booming North American sales and big foreign exchange gains powered surging profits at Toyota in the latest quarter while propelling record full-year earnings. Operating profit jumped 46 percent to $5.31 billion in the carmaker's fiscal fourth quarter....
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Subaru maker reports 21% profit increase; plans more U.S. capacity

3:31 am U.S. ET | May 8, 2015

The maker of Subaru vehicles, Fuji Heavy Industries, reported a 21 percent surge in quarterly operating profit as advantageous exchange rates and surging U.S. sales delivered record earnings. The all-wheel-drive specialist said it would speed up plans to increase production capacity in Indiana....
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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....
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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....
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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....
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Takata says it will return to profit in 2015-16

7:13 am U.S. ET | May 8, 2015

Japan's Takata said today it expects to return to profit this financial year on higher Asian and US sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding airbags....
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CHRISTIAAN HETZNER

BLOG: BMW's days of easy money in China are over

6:30 am U.S. ET | May 8, 2015

BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup....
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TrueCar records 33% revenue growth in Q1

8:47 pm U.S. ET | May 7, 2015

TrueCar reported continued revenue growth and another loss in the first quarter, and said it launched its TrueCash incentive program, which allows automakers to target discounts to specific consumers based on where they live, what they drive and what they're shopping for....
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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....
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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....
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Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
» Watch the Video
     
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