-
Recent Posts
- Trump Tariff Flops – December Goods Trade Deficit Up $15.7B
- Tennessee Triumph – VW Workers Ratify UAW Contract!
- Sting Operations Hit ~550 CDL Training Schools
- Average Gallon Price for Gasoline Drops Slightly, But…
- February 2026 U.S. Vehicle Sales Forecast is Down Again
- Sustainable Energy in America – Mixed Progress in 2025
- GM Canada – C$63M Outlay in Oshawa Assembly
- EV Owner Satisfaction at New High Amid Sales Slump
- Audi Revolut F1 Team and Fanwear Launched
- Toyota bZ Woodland Mid-Size SUV EV Priced at $45,300
- CAFE Regs Intact Post Trump Endangerment Finding Repeal
- First Look – 2027 Volkswagen Atlas Prototype
- Park Outside – More Jaguar I-PACE Battery Fire Recalls
- Magna Posts 2025 EBIT of $2,364 Million
- Trump’s EPA Kills Greenhouse Gas Endangerment Finding
Recent Comments
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
Archives
Meta
Tag Archives: q2 results
Chrysler Group Posts Q2 2012 Net Profit of $436 million. Modifed Profit $755 million
Actual net income or profit was $436 million, an $806 million improvement from the $370 million net loss in the Q2 last year that included a $551 million charge for repayment of Chrysler’s Canadian and U.S. taxpayer subsidized loans. The loans allowed a bankruptcy restructuring in 2009 that ultimately saved thousands upon thousands of jobs at Chrysler and its suppliers. Combined with taxpayer money pumped into General Motors, Ford and Nissan, under various stimulus actions, the bailouts or subsidized loans saved the U.S. auto industry. Continue reading
Ford Motor Q2 Profit Plummets $1.4 Billion as Europe, South American and Asia Continue to Hurt Earnings and Shareholders
Ford Motor Company [NYSE: F] posted its 12th consecutive quarterly pre-tax operating profit this week based almost entirely on North American results. Weak to frankly disastrous performances in Ford’s global operations saw Q2 income drop to $1 billion, or 26 cents per share, a decrease of $1.4 billion from Q2 2011. Continue reading
Ford Motor Q2 Profit Drops 8% to $2.4 Billion on $4.2 Billion Revenue Increase. Ford Credit, all Regions Except N.A. Decline
Ford’s second quarter net income was affected by so called “unfavorable special items” of $272 million – $177 million more than a year ago. The special items include personnel reduction actions as Ford continues to retrench. The closing of Mercury and other dealer-related actions in North America, as well as pension settlements in Belgium also negatively affected the results. Continue reading
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
