Quarterly or Annual Statements

VW's Q4 profit rises 18%, lifted by record sales at Porsche

Feb. 21, 2014 19:44 CET
VW Group reported an 18 percent gain in fourth-quarter profit as record sales at its Audi and Porsche brands offset spending on developing new models and expanding production....
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VW's Q4 profit rises 18%, lifted by record sales at Porsche

1:44 pm U.S. ET | Feb. 21, 2014
Volkswagen AG reported an 18 percent gain in fourth-quarter profit as record sales at its luxury Audi and Porsche brands offset spending on developing new models and expanding production....
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ADESA to open more online auctions to more dealers

3:27 pm U.S. ET | Feb. 20, 2014
ADESA, the nation's second largest auto-auction company, this year will focus on building online auctions that are open to all dealers, its parent company's top executive said....
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Lithia reports 38% rise in Q4 net income on better cost controls

10:49 am U.S. ET | Feb. 19, 2014
Lithia Motors today reported a 38 percent gain in fourth-quarter net income along with the highest annual revenue in company history, as it credited continued cost controls and robust sales of new and used vehicles....
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PSA unveils Dongfeng deal with 2013 loss

Feb. 19, 2014 06:01 CET
PSA/Peugeot-Citroen announced a 3 billion euro ($4.1 billion) tie-up with China's Dongfeng Motor as the French carmaker posted a further loss for 2013. PSA warned that it may not halt losses until 2016 -- a year later than initially promised....
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N.A. spiffs hurt Nissan profits

12:01 am U.S. ET | Feb. 17, 2014
Hefty incentives and plunging profits in North America offset foreign exchange gains at Nissan Motor Corp. to temper net income growth in the October-December quarter. As Japan's other carmakers rode the weak yen to bumper profits, overall net income at Nissan rose a comparatively meager 57 percent to 84.30 billion, or about $801.2 million, in the company's fiscal third quarter....
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TRW's Q4 net income slips 13% on lower tax gain

2:43 pm U.S. ET | Feb. 14, 2014
Automotive safety components supplier TRW Automotive today said its fourth-quarter net income fell 13 percent to $363 million from the year-earlier period because the company received a smaller tax benefit than last year....
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Penske reports record net income for Q4 and year

11:47 am U.S. ET | Feb. 13, 2014
Penske Automotive Group reported its highest fourth-quarter and full-year net income in company history, driven by higher retail sales and cost controls. For the fourth quarter, Penske's net income rose 21 percent to $59.7 million, as revenue increased 15 percent to $3.86 billion....
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BorgWarner Q4 net income rises 17% to $141M

11:33 am U.S. ET | Feb. 13, 2014
BorgWarner, which makes automotive turbochargers and emissions systems, posted a 17 percent gain in fourth-quarter profits on strong demand for all-wheel drive systems, dual clutch transmission modules and other parts in its drivetrain business....
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Renault 2013 profit advances 59% on gains for Dacia brand

Feb. 13, 2014 08:04 CET
Renault said full-year earnings rose 59 percent as low-cost cars from the company's Dacia division pushed delivery growth and the automaker reduced costs....
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Faurecia second-half profit jumps 34% on Asia growth

Feb. 12, 2014 13:42 CET
French supplier Faurecia says second-half earnings rose 34 percent on robust demand in Asia and the beginning of a recovery in its home region's automotive market....
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Nissan becomes least profitable Japan carmaker amid yen boon

Feb. 10, 2014 09:01 CET
Nissan became Japan's least profitable carmaker despite reporting today that quarterly net income rose 57 percent to $825 million. Nissan led all Japanese carmakers in profits almost two years ago, when it was faster than its peers in recovering from the natural disasters of 2011....
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Toyota profits surge in 3rd quarter

12:01 am U.S. ET | Feb. 10, 2014
A resurgent Toyota Motor Corp. is back, arguably stronger than ever. The world's biggest carmaker delivered a fivefold increase in net income in the October-December quarter and lifted its profit forecast for the current fiscal year ending March 31 to record levels....
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American Axle cites Q4 gains in non-GM business

9:54 am U.S. ET | Feb. 7, 2014
American Axle & Manufacturing Holdings, citing a 37 percent gain in its non-General Motors business, posted net income of $30 million during the fourth quarter....
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GM's Q4 profit grows 2% on strong N.A., China results

7:31 am U.S. ET | Feb. 6, 2014
General Motors rode strong pricing in North America and sales growth in China to slightly higher fourth-quarter profits, even as its performance skidded in other international markets. GM said its net income for the October-December period rose 2 percent from a year earlier, to $913 million, marking its 16th straight quarterly profit since exiting bankruptcy....
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ANALYSTS REACT: 'Worse on the outside than on the inside'

3:45 pm U.S. ET | Feb. 6, 2014
Here is a roundup of expert analyses of General Motors' fourth-quarter financial report:...
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GM Q4 net income rises 2% to $913 million

Feb. 6, 2014 13:31 CET
GM said its fourth-quarter earnings rose 2 percent to $913 million, helped by strong pricing in North America. It also more than halved its loss in Europe....
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Ally says Q4 net income falls, GM relationship extended

12:35 pm U.S. ET | Feb. 6, 2014
Ally Financial said today it has posted fourth-quarter net income of $104 million and lower pretax income for its auto finance business. The lender also said its preferred-lender relationship with General Motors, set to expire Dec. 31, was extended while the companies negotiate a new pact....
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Group 1's Q4 net income, revenue rise despite challenges

9:09 am U.S. ET | Feb. 5, 2014
Group 1 Automotive said today its fourth quarter and 2013 net income and revenue grew despite challenges to new- and used-vehicle profits in the United States. The auto retailer saw profit gains from its parts and service business and finance and insurance sales....
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Asbury Auto profit rises 18% in Q4

7:04 am U.S. ET | Feb. 4, 2014
Rising volume, higher revenues and double-digit gross profit gains in all areas of the business lifted Asbury Automotive Group's net income 18 percent during the fourth quarter to $26.9 million....
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Delphi says it doubled net income in Q4

10:56 am U.S. ET | Feb. 4, 2014
Delphi Automotive said its net income in the fourth quarter more than doubled to $298 million compared with $136 million a year earlier....
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Subaru parent says quarterly net income surges to $776 million

6:42 am U.S. ET | Feb. 4, 2014
Net income at Fuji Heavy Industries, the parent of Subaru, climbed sixfold to $776.5 million in the company’s fiscal third quarter, with results bolstered by booming vehicle sales in North America, a weaker yen and a one-time gain of $497 million from the sale of a snowmobile manufacturer....
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Toyota's $40 billion cash pile draws calls for new plants, higher dividends

2:20 pm U.S. ET | Feb. 3, 2014
Toyota President Akio Toyoda, whose company has accumulated a cash pile of almost $40 billion, is facing calls to put that money to better use. The world's largest carmaker is seeing profits surge as the yen weakens and demand rises in the United States and China. The company will probably report on Tuesday net income quadrupled to 434.3 billion yen ($4.3 billion) last quarter, according to a Bloomberg survey of analysts....
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Denso raises projection for annual profits by 5.6 percent

10:30 am U.S. ET | Feb. 3, 2014
Denso, the world's second-largest auto supplier, raised its annual operating profit forecast by 5.6 percent, as a weaker yen helped boost exports, resulting in foreign exchange gains....
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Lear adjusted income drops 11% in Q4

3:24 pm U.S. ET | Jan. 31, 2014
Automotive seating and electrical component supplier Lear, profitable all four years since emerging from bankruptcy in November 2009, posted an 11 percent drop in adjusted fourth-quarter profits....
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