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- Penske Automotive Group Posts Q2 2026 Earnings Decline
- Ford Motor Posts Q2 2026 Net Loss of $1.3B
- Magna to Supply Chery with 800V 2-Speed eDrive
- Bosch Fuel-Cell System Begins Testing in Madrid
- Stellantis Sells Free2move to a Private Equity Firm
- CAR on King Trump’s Tariff and Trade Policies
- Non-Binding ‘cellcentric’ Fuel Cell Agreement Moves Ahead
- Ford Motor Recalls ~566,000 Broncos for Wiring Harness Fires
- Autokiniton Workers in Milan, Michigan Vote to Join the UAW
- Financing Costs Ease a Tad But Payments Set July Record
- EPA Certifies Higher Estimated Range for 2027 Volvo EX60
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- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
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- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
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Tag Archives: auto industry results
BMW Says Record Sales and Earnings Coming in 2011
The BMW Group during 2011 will improve on record earnings set in 2010 and increase them again in 2012 claimed Norbert Reithofer, Chairman of the Board of Management of BMW AG on Tuesday in Munich.
It was the latest sign that the auto industry is coming back, especially in high margin luxury vehicle segments. The BMW prediction follows records the world’s larger luxury make set in 2010. Continue reading
BMW on Record 2010 Earnings Proposes Record Dividends
As a result of the strong comeback the BMW Board of Management and the Supervisory Board will propose that the dividend be increased to €1.30 (2009: 0.30) per share of common stock and €1.32 (2009 € 0.32) per share of preferred stock at the annual meeting in May.
Both proposed dividends are record highs. The odds that shareholders will vote down such increases are close to nil. Continue reading
