Quarterly or Annual Statements

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....
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TRW net income rises to $265 million in Q2

7:08 am U.S. ET | July 29, 2014
Automotive safety technology supplier TRW Automotive Holdings today said its second-quarter net income rose 7 percent to $265 million. Total revenue during the quarter rose 2 percent to $4.6 billion, the company said in a statement....
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Tenneco's Q2 profit rises 29% on record revenue

5:19 pm U.S. ET | July 28, 2014
Tenneco, a ride-control and emission-control systems supplier, reported that its net income rose 29 percent in the second quarter from a year ago to $81 million on record revenue of $2.2 billion....
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GM, Ford financials could veer in 2nd half

12:01 am U.S. ET | July 28, 2014
While General Motors' second-quarter profits were hammered by the costs of its massive recall, across town Ford Motor Co. reported a robust profit bolstered by a record second quarter in North America. But fortunes could change for the two Detroit carmakers as they head into the second half of 2014....
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Gentex Q2 net income grows 47 percent

3:19 pm U.S. ET | July 24, 2014
Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter....
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Ford Q2 earnings rise on N.A. record, first European profit in 3 years

6:45 am U.S. ET | July 24, 2014
Ford posted a second-quarter pretax profit of $2.6 billion, bolstered by a record performance in North America and its first quarterly profit in Europe in three years....
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Don't get out the party hats at Ford just yet, analyst says

2:18 pm U.S. ET | July 24, 2014
A roundup of what analysts and others are saying about Ford Motor Co.'s second-quarter financial results released today:...
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GM sales surge despite recalls as Barra proves quality sells

9:10 am U.S. ET | July 23, 2014
General Motors' Mary Barra is projected to report her second straight quarter of rising sales, adding to evidence that the CEO is weathering the biggest wave of recalls in automotive history. Second-quarter revenue may rise 2.7 percent, the average of estimates compiled by Bloomberg....
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Lithia Q2 profits hit record highs

8:39 am U.S. ET | July 23, 2014
Lithia Motors today reported the highest adjusted quarterly net income in the company's history -- a 29 percent surge to $35 million -- on higher revenues and cost controls....
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Federal-Mogul posts $5 million net loss in Q2 as revenue rises

3:34 pm U.S. ET | July 23, 2014
Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the second quarter. The company, controlled by longtime Wall Street investor Carl Icahn, had one-time restructuring and impairment charges of $32 million and posted a $3 million loss from continuing operations....
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GM employees are 'owning' Valukas report, Barra says

9:27 am U.S. ET | June 10, 2014
General Motors CEO Mary Barra said today that the company's employees are galvanized by the findings of its internal investigation into a deadly defect that exposed "incompetence" and a troubled corporate culture....
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THE GM RECALL

GM ignition-switch protesters expected at annual meeting

4:06 pm U.S. ET | June 9, 2014
A planned protest at General Motors headquarters by family members of crash victims will serve as the backdrop Tuesday to an annual meeting of GM shareholders here that should prove more substantive than the mundane proceedings of past years....
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Chrysler posts $690 million Q1 net loss on merger costs

9:05 am U.S. ET | May 12, 2014
Chrysler Group reported a net loss of $690 million as it paid transaction costs associated with its completed merger with Fiat. The net loss was the first for Chrysler since the second quarter of 2011....
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Toyota penalty eats into earnings

12:01 am U.S. ET | May 12, 2014
Toyota Motor Corp.'s $1.2 billion penalty for misleading American customers about unintended-acceleration defects took a bite out of the company's otherwise robust January-March earnings. North America was one of the few regions where Toyota saw a decrease in operating profit....
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AutoCanada Q1 profit rises 22%

2:28 pm U.S. ET | May 9, 2014
AutoCanada, the largest publicly traded dealer group in Canada, said Thursday its net income rose 22 percent in the first quarter from a year earlier to $8.3 million Canadian ($7.6 million U.S.), driven by improved operating results in used vehicle, parts, service and collision repair departments....
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Tesla posts Q1 net loss of $49.8 million

7:21 am U.S. ET | May 7, 2014
Despite record production of 7,535 Model S electric vehicles, Tesla Motors posted a $49.8 million net loss in the first quarter while revenue rose to $620 million....
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American Axle earnings get boost from Jeep Cherokee, Ram pickup

3:49 pm U.S. ET | May 2, 2014
American Axle & Manufacturing today reported its strongest quarterly earnings in more than a year, crediting strong sales from the new Jeep Cherokee and Ram pickup....
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BorgWarner raises 2014 forecast as Q1 profits rise 12%

10:01 am U.S. ET | May 1, 2014
BorgWarner, which makes a variety of fuel efficient components such as dual-clutch transmissions, raised its 2014 earnings forecast after posting a better-than-expected first-quarter profit....
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Toyota's global sales top VW, GM for 3rd straight quarter

5:11 am U.S. ET | April 23, 2014
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....
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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....
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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....
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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....
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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....
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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....
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JENNIFER CLARK

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....
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