Category Archives: financial results

Diesel Stink – Volkswagen Postpones Annual Results Report

The timing of the report clarifying the background and responsibilities connected to the diesel emission issue is not affected by this decision. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Toyota Earns $5.4 Billion Profit in Its Fiscal Third Quarter

For the nine-month period ended December 31, 2015 consolidated vehicle sales totaled 6,492,784 units, a decrease of 246,374 units compared to the same period last fiscal year. However, TMS retained its global sales lead over diesel Scandal plagued Volkswagen Group, General Motors. Corp. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

The Joys of Trucks! Ford Motor Sets Earnings Record in 2015

The strong results came from the automobile businesses with full year Automotive pre-tax profit of $8.8 billion, up $3.3 billion. All business units, with the exception of South America were profitable. North America and Ford Credit were notably successful. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

FCA Surprises Analysts with €377m Profit

The spin-off of Ferrari allowed the Group – formerly known as Fiat Chrysler – to begin 2016 operations with net industrial debt of €5.0 billion. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Fiat Ferrari Spinoff Set for January 1-3

As part of the spinoff, FCA shareholders will receive one common share of Ferrari for every ten common shares of FCA and one special voting share of Ferrari for every ten special voting shares of FCA held. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Ally Bailout Terms Met – Allowing for Common Dividends

This removes the restriction on Ally of offering common equity distributions. Ally’s stated objective is to pay a dividend and start a share repurchase program in 2016. Continue reading

Posted in financial results, milestones | Tagged , , , , | Leave a comment

Auto Loan Balances up 53% Since Post Recession Low

The distribution of open loans by risk segment remains relatively unchanged, demonstrating that consumers drive the surge in outstanding automotive financing across the board, not a specific segment of the market. Continue reading

Posted in financial results | Tagged , , , , | Leave a comment

Ford Motor Q3 Financial Results Weak to Mixed

The question remains whether this is a breakthrough year at Ford as the company claims or just business as usual with the F-Series – $42,000 transaction price and strong sales leadership in the U.S. being the jewels in the crown. A redesigned Super Duty version of the F-Series comes in 2016, but the pickup line continues face threats from GM and FCA with its Ram brand. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

GM Earnings Flat at $1.4 Billion in Booming Market

However, past management decisions, positions in offshore markets, the failed attempt to take Chevrolet global and currency fluctuations continued to hurt shareholders. In total special items of $1.1 billion negatively affected the operating performance. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Ford Motor Q4 Dividend Flat at 15 Cents

The fourth quarter dividend is the same as the dividends paid in the previous quarters this year Continue reading

Posted in financial results | Tagged , , , , | Leave a comment

Porsche Buys More VW Shares from Suzuki

Suzuki held Volkswagen share because of a disastrous joint venture. The Japanese automaker disclosed the transaction over the weekend. Suzuki will post ¥36.7 billion (~$304 million) as a special item. Continue reading

Posted in financial results | Tagged , , | Leave a comment

Porsche Profits Impaired by Pending VW Diesel Recall, Fines

Because of the capital stake Porsche Automobil Holding SE, Stuttgart holds in Volkswagen AG (31.5%), the results of Porsche SE will be diminished. The Porsche Profits target for the Porsche SE Group for fiscal 2015 will also require adjustment downward. Continue reading

Posted in financial results, litigation, recalls | Tagged , , , , | Leave a comment

Is the Tesla Bubble About to Burst?

Not surprisingly, the stock market is wary. Tesla stock has dropped for three straight days since the results – more than -5% on Thursday, almost -7% on Friday, and on Monday morning, it was trading down -9% at $236 per share. Continue reading

Posted in electric vehicles, financial results | Tagged , , , , | Leave a comment

Weak Yen Helps Toyota Motor Post Record Profit

Toyota Motor posted a 10% rise in net profit to ¥646.3 billion for the Japanese Q1, but if it was not for the weak yen (¥124:$1) Toyota’s profits would have dropped. Continue reading

Posted in financial results | Tagged , , , , | Leave a comment

US Trade Deficit Increases in June

The U.S. goods and services trade deficit was $43.8 billion in June, up $2.9 billion from $40.9 billion in May, according to the Department of Commerce. Continue reading

Posted in financial results | Tagged , , , | Leave a comment