Quarterly or Semiannual Financial Statements

Autoliv sticks to 2013 profit goal after robust Q1 earnings

April 26, 2013 14:11 CET
Swedish supplier Autoliv stuck to its core 2013 profit goal after China sales helped offset a European downturn in the first quarter and pretax profit at the company rose to $170 million from $141 million compared with the year before.... Read More »

 

Johnson Controls posts lower quarterly profit on weak auto output in Europe

April 26, 2013 06:01 CET
Johnson Controls, citing weaker automotive production in Europe, posted lower profits during its most recent quarter, but reaffirmed its financial outlook for the year.... Read More »

 

Honda quarterly profit rises 6.6% on strong U.S. sales, falling yen

April 26, 2013 09:00 CET
Honda posted a 6.6 percent rise in quarterly net profit, helped by strong U.S. sales of its Accord and CR-V models.... Read More »

 

Mitsubishi forecasts record profit on favorable yen, rising U.S. sales

April 26, 2013 06:01 CET
Mitsubishi forecast its operating profits will jump 48 percent in the fiscal year that began April 1, lifted by a favorable yen exchange rate as well as an anticipated sales surge in the United States.... Read More »

 

U.S. suppliers take Q1 hit from European downturn

April 25, 2013 18:21 CET
Economic troubles in Europe cut into the first-quarter earnings of U.S. suppliers Lear, BorgWarner and Dana.... Read More »

 

Mitsubishi forecasts record profit on favorable yen, rising U.S. sales

3:44 pm U.S. ET | April 25, 2013
Mitsubishi today forecast its operating profits will jump 48 percent in the fiscal year that began April 1, lifted by a favorable yen exchange rate as well as an anticipated sales surge in the United States.... Read More »

 

U.S. suppliers take Q1 hit from European downturn

12:21 pm U.S. ET | April 25, 2013
Economic troubles in Europe cut into the first-quarter earnings of three major suppliers based in the United States that reported their financials today -- Lear, BorgWarner and Dana.... Read More »

 

Hyundai Q1 net profit falls on home output drop, currencies

April 25, 2013 08:32 CET
Hyundai posted a 15 percent fall in quarterly net profit as it was hamstrung by weekend production stoppages and unfavorable currency moves.... Read More »

 

Valeo Q1 sales edge higher as China, N.A. demand offsets Europe weakness

April 25, 2013 06:01 CET
French supplier Valeo said first-quarter sales rose slightly as demand in China and North America helped offset a slump in Europe's car markets.... Read More »

 

VW keeps targets after first-quarter profit falls 26%

April 24, 2013 12:04 CET
Volkswagen is sticking to its goal to match last year's record operating profit and vehicle sales after first-quarter profit dropped 26 percent on falling demand in Germany and heavy spending on new vehicles.... Read More »

 

Ford profit rises 15% on N.A. record

7:02 am U.S. ET | April 24, 2013
Ford's first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe. The results marked a solid start to 2013 as Ford seeks its fifth straight year of profit.... Read More »

 

Renault Q1 revenue falls 12% on weak Europe

April 24, 2013 18:19 CET
Renault said first-quarter revenue fell 11.8 percent on a 4.7 percent decline in global deliveries but the company reiterated its goal of achieving a positive automotive operating margin for the full year.... Read More »

 

Lithia looks to market share growth to pump future earnings

11:17 am U.S. ET | April 24, 2013
Lithia Motors is prepared to sacrifice new and used per vehicle profit margin if it means more market share, its CEO said today. Meanwhile, Lithia's first-quarter net income rose 31 percent to $22 million compared with the year-ago period -- and the company increased its shareholder dividend by 13 percent.... Read More »

 

PSA says Q1 revenue fell 6.5% on European slump

April 24, 2013 08:34 CET
PSA/Peugeot-Citroen said first-quarter revenue fell 6.5 percent as its vehicle sales abroad failed to offset a recession in Europe. PSA said it will implement additional measures to attain its goal of breaking even next year if the European market continues to falter.... Read More »

 

Ford profit rises despite $462 million Europe loss

April 24, 2013 13:02 CET
Ford today said its first-quarter net income rose 15 percent from a year earlier despite a $462 million operating lose in Europe. Ford reaffirmed its forecast for a 2013 loss in Europe of about $2 billion. In 2012, the loss was $1.75 billion.... Read More »

 

Gentex earnings drop 2% in first quarter

April 24, 2013 06:01 CET
Gentex, a U.S. supplier of automotive rearview mirrors and related parts, reported a 2 percent decline in net profits for the first quarter, citing a decrease in vehicle production in Japan, Korea and Europe.... Read More »

 

Sonic gets over Feb. hiccups to see Q1 profit gains

10:53 am U.S. ET | April 23, 2013
Pricing challenges and a slowdown in California in February put pressure on Sonic Automotive's profit margins during the first quarter. But the nation's third-largest dealership group bounced back to post a 4 percent increase in net income for the first quarter of 2013.... Read More »

 

Gentex earnings drop 2% in first quarter

1:27 pm U.S. ET | April 23, 2013
Gentex, a supplier of automotive rearview mirrors and related parts, reported a 2 percent decline in net profits for the first quarter, citing a decrease in vehicle production in Japan, Korea and Europe.... Read More »

 

Johnson Controls posts lower quarterly profit, reaffirms 2013 outlook

10:22 am U.S. ET | April 23, 2013
Johnson Controls, citing weaker automotive production in Europe, posted lower profits during its most recent quarter, but reaffirmed its financial outlook for the year.... Read More »

 

UAW assets fell in U.S. last year amid growth push

11:07 am U.S. ET | April 3, 2013
The UAW's total assets fell for the sixth straight year in 2012 while spending on political activities and lobbying nearly quadrupled from the previous year, the union's annual financial filing with the Labor Department shows.... Read More »

 

Porsche SE reports surge in net income on sale of auto unit

March 14, 2013 06:01 CET
Porsche SE, Volkswagen Group's largest shareholder, reported a surge in 2012 net income after selling the remainder of its automaking business to VW last year.... Read More »

 

Audi grapples with stagnant profit due to Europe slump

March 12, 2013 11:47 CET
Audi aims for a "slight" increase in revenue this year after Europe's slumping market hit the brand's 2012 earnings. Audi forecasts higher deliveries this year on demand for the new A3 Sportback and the A3 sedan, which targets American and Chinese buyers.... Read More »

 

Linamar profits rise 14 percent in Q4

3:25 pm U.S. ET | March 7, 2013
Linamar, Canada's second-biggest auto parts maker, reported a 14 percent rise in fourth quarter earnings on Wednesday, helped by higher demand in the United States and Asia, although results were tempered by softer demand in Europe.... Read More »

 

Tesla delays filing annual report on accounting error

11:38 am U.S. ET | March 4, 2013
Tesla Motors said it’s delaying the company’s annual report after finding an error related to accounting for capital expenditures.... Read More »

 

Magna raises its forecast for 2013 N.A. production by 500,000 units

5:31 am U.S. ET | March 1, 2013
North America's largest auto supplier today bumped its 2013 forecast for auto production on the continent by 500,000 vehicles to 15.8 million units. Canada's Magna International also upgraded its North American profit and revenue projections as auto sales continue to climb in the key U.S. market.... Read More »