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.
Continental has raised its profit forecast for 2014 after earnings jumped nearly 20 percent in the first three months.
Renault Group has unveiled first-quarter revenues fractionally down 0.1% to EUR8.26bn (US$11.43bn), although it recorded a 5.1% increase in registrations.
Spurred by the story of our ride in
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PSA reported a 2 percent gain in first-quarter revenue as a recovery in its home region and expansion in China boosted deliveries.
VW will lay off about 900 workers at two Brazilian plants in response to sluggish demand for cars in Latin America's largest economy.
Ford's first-quarter earnings fell 39 percent to $989 million, as pricing weakened in the United States. The company reduced its European losses in the quarter by more than half.
The Lamborghini Urus SUV will be built at parent VW Group's factory in Slovakia starting in 2017, sources said.
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