Ford's first quarter 2014 pre-tax profit fell US$765m year on year to $1.4bn while net income of $989m was down $622m including pre-tax special charges of $122m, mostly for restructuring in Europe.
Ford's first quarter 2014 pre-tax profit fell US$765m year on year to $1.4bn while net income of $989m was down $622m including pre-tax special charges of $122m, mostly for restructuring in Europe.
Well that took long enough. Nanotechnology is here, and Nissan is reportedly using it in the paint on its little
ASSOCIATE EDITOR JAKE LINGEMAN: My problem with this 2014 Dodge Charger SXT isn't the look. I actually think the car has looked great these last few years.
The restructuring of the Fiat-Chrysler group by Sergio Marchionne should be seen as a success story rather than a case of offshoring operations, Italian Economy Minister Pier Carlo Padoan told an Italian newspaper.
Lear reported a 12 percent rise in first-quarter profits, driven by an increase in global vehicle production, and raised its full-year sales outlook.
Are post financial crash economies finally on the up? Financial results (first quarter for many; full fiscal year for Japan and India) have started rolling in and the ink is mainly black.
Swedish supplier Autoliv sees slower sales growth and a flat operating margin in the second quarter after brisk vehicle production lifted the company's first-quarter earnings above expectations.
Honda forecast nearly a 4 percent rise in net profit for the year ending March 31, a sharp slowdown from the previous year, as foreign exchange rates stabilize after a steep decline in the yen boosted earnings.
Scandinavian supplier body, FKG, says it sees "waves on the water" in terms of improving relations between Iran and the West that could garner real opportunities for suppliers.
Denso's consolidated net sales for the fiscal year ending 31 March 2014, totalled JPY4.1trillion (US$39.8bn), a 14.4% increase from the fiscal year ending 31 March 2013. The company's consolidated operating income totalled was JPY377.7bn, a 44% increase.
Mazda has reported a 238% increase in operating income for the fiscal full year to 31 March, 2014, booking a JPY182.1bn profit, up JPY128.2bn year on year.
Workers at Daimler will demonstrate on Monday over plans by the carmaker to restructure its German network of Mercedes dealerships owned and operated by the company.
Daimler workers oppose the automaker's plans to restructure its German network of Mercedes dealerships owned and operated by the company. Mercedes depends on its unprofitable company-owned dealerships for half of its car sales in its home market.
Ford's first-quarter net income fell 39 percent from the same period a year ago to $989 million on weaker pricing in the United States and higher warranty expenses.
An improving Japanese domestic economy, due to new government measures, and a surge of buyers bring new vehicle purchases ahead of a tax rise helped Honda to a 21.5% year on year boost in operating income to JPY165.2bn for the fiscal fourth quarter to 31 March, 2014.
Mazda raised its mid-term profit target on Friday and said it aims to post more than $2 billion in annual operating profit by the financial year ending in March 2016 after it hit its earlier target two years in advance.
Ex-Porsche CEO Wendelin Wiedeking and ex-CFO Holger Haerter won't stand trial on market manipulation charges over the use of options in a failed bid to acquire Volkswagen.
Honda forecast a full-year profit that missed analysts' estimates as benefits from a weaker yen fade and it increases incentives in the U.S. Honda swung to a loss in Europe.
After three years of losses, Mitsubishi Motors Europe (MME) booked an operating income of JPY37.2bn (US$353.3m) for the fiscal year to 31 March, making Europe the second most profitable global region for MMC after Asia.
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