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Tag Archives: auto results
Volvo Car Posts Profit in Q2. Predicts Volatile Second Half
Volvo Car Corporation posted today a profit of 600 million SEK (~$95 million) because of increased sales for Q2. However the Chinese owned company warned of a “volatile second half of the year. The operating improvement of 170 million Kronor … Continue reading
Toyota Posts FY Q1 Loss from Earthquake and Strong Yen
Toyota Motor Corporation (TMC) in Japan today said that operating income decreased from ¥211.6 billion to a loss of ¥108.0 billion, while income before income taxes was a loss of ¥80.5 billion yen. This was Toyota’s first quarterly loss in two years as Net income decreased from ¥190.4 billion yen to ¥1.1 billion. Operating income decreased by ¥319.6 billion yen. Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged 2012 toyota forecast, auto results, japan earthquake, q1 toyota results, results, toyota
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Chrysler Group Q2 Revenues up $3.2 B but Profit Down
By Chrysler’s accounting, Chrysler said it would have reported a $181 million profit in the second quarter, but took a $551 million one-time charge to repay loans from the U.S. Treasury Department and the Canadian government. Continue reading
Toyota Posts Fiscal Year Profit of $5 Billion, but Q4 Dives
Toyota Motor Corporation (TMC) today announced that net revenues for the fiscal year ended 31 March 31 2011 were 18.993 trillion yen, an increase of 0.2% compared to the previous fiscal year as Japan’s largest automaker continues to struggle to return to pre-2008 levels of return. TMC operating income increased from 147.5 billion yen to 468.2 billion yen, while net income increased from 209.4 billion yen to 408.1 billion yen, or $5.1 billion. Continue reading
General Motors Posts 2011 Q1 Profit of $3.2 Billion. Results Almost Doubled by One Time Sales of Ally and Delphi Preferred
The General Motors results were not as strong as they appear on first glance because special items increased profits by $1.5 billion or $0.82 per fully-diluted share. GM stock is currently selling at under $32 a share, below the initial IPO price of $33 last November. Continue reading
General Motors Posts 2010 Net of $4.7B on $135.6B of Income
General Motors Company (NYSE: GM) today announced its calendar year 2010 results of $4.7 billion of net income per share of common stock for its first full year of operations after it emerged from bankruptcy as a U.S. and Canadian taxpayer owned automaker. Continue reading
Posted in auto news, economy, financial results, news analysis, results
Tagged 2010 results, auto informed, auto news, auto results, autoinformed, autoinformed.com, automotive news, gm results, Ken Zino, results, zino
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Toyota Motor Corporation Reports 5% Increase in Net Revenues for Nine Months as it Struggles in Europe and Japan
The world’s largest automaker is still feeling the negative effects of image damaging safety and quality recalls, the rise in the value of the Yen, and the contraction of its Japanese home market. Continue reading
Posted in auto news, economy, new vehicle, results, sales
Tagged auto informed, auto news, auto results, autoinformed, autoinformed.com, automotive news, financial results, Ken Zino, results, toyota, Toyota results, zino
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Chrysler Group Posts $652 Million Loss in 2010
Chrysler Group LLC today said that it had a total year net loss in 2010 of $652 million, and a net loss of loss of $199 million in Q4 2010, compared to a net loss of $84M in Q3 2010. Debt increased by $0.4 billion in 2010 to $5.8 billion from 2009 as the revision of 16 models increased costs and deceased revenue during their launch. Cash as of 31 December 2010 was $7.3 billion compared to $8.3 billion on 30 September 2010. Continue reading
Camaro Sales Top Mustang for First Time Since 1991!
With a sales growth rate in 2010 of three times that of the Ford Mustang, the Chevy Camaro took the annual sales leadership for the first time since 1991. Continue reading
Camaro Sales to Beat Mustang for First Time Since 1991!
Call it a Bowtie blowout or another example of a GM comeback, but unless Ford pulls off a Christmas miracle later this month, Camaro will take the annual sales leadership crown from the Mustang for the first time since 1978. Continue reading
