Quarterly or Annual Statements

Toyota outsells VW, GM for 3rd straight quarter

April 23, 2014 11:11 CET
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles....
Read More »


AutoNation says Q1 net income rose 15% to $95.1 million

7:11 am U.S. ET | April 17, 2014
Despite 10 weeks of problematic winter weather to start the year, a late March rebound in dealership traffic helped drive AutoNation's net income 15 percent higher in the first quarter of 2014 from the year-earlier period, the company said today....
Read More »


Chrysler to take $130 million charge in first quarter due to Venezuela

4:25 pm U.S. ET | April 11, 2014
A change in the way it measures currency in Venezuela will cause Fiat Chrysler Automobile's Chrysler Group LLC unit to take a $130 million charge in its first quarter, Chrysler said today in a filing with federal regulators....
Read More »


CarMax says quarterly gross profit rises 4%

9:27 am U.S. ET | April 4, 2014
Used car retailer CarMax reported a 4 percent gain in gross profits during the final quarter of its fiscal year, but an accounting correction and tepid sales to subprime customers caused net income to drop slightly from a year ago....
Read More »


AutoNation reports 6% March volume increase, best-selling Q1 since 2007

12:02 pm U.S. ET | April 2, 2014
AutoNation said today its new-vehicle retail sales in the United States rose 6 percent in March from a year earlier to 28,796 units....
Read More »



End of an era at Fiat

12:01 am U.S. ET | April 1, 2014
Fiat held its last annual shareholder's meeting in Turin. The next one will be in the Netherlands, which is like Ford Motor holding its annual assembly in Canada....
Read More »


Skoda sees sales growth returning after 2013 profit drop

March 17, 2014 14:23 CET
Skoda expects to return to sales growth this year thanks to a build-up of orders and signs of recovery in many of its markets, the carmaker said after posting a 25.5 percent drop in 2013 profit....
Read More »


Magna's Q4 net income jumps 31%

12:51 pm U.S. ET | March 3, 2014
Magna International said its fourth-quarter profit jumped 31 percent, driven by a pickup in North America and Europe, and hiked its dividend. Net income attributable to the company rose to $458 million in the fourth quarter, from $351 million a year earlier, the company said in a statement....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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....
Read More »


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:...
Read More »


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....
Read More »


Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand

Rocket Fuel