Earnings

NEWS ANALYSIS

Elon Musk's vision is not for the faint of heart

9:39 am U.S. ET | Feb. 12, 2016

Leave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses -- all in the middle of a market selloff....
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American Axle Q4 net income rises, shares surge

8:40 am U.S. ET | Feb. 12, 2016

American Axle & Manufacturing today reported record sales in 2015 after a strong fourth quarter thanks to record North American light vehicle sales....
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Tower posts lower adjusted Q4 earnings as it gears up for major new business

11:40 am U.S. ET | Feb. 12, 2016

Tower, which makes heavy metal components and assemblies for cars and trucks, reported lower fourth-quarter adjusted earnings due to ramp-up costs stemming from a major new business that is supposed to spur earnings growth later this year....
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Renault beats profit goal but Russia crisis hurts results

Feb. 12, 2016 08:40 CET

Renault today said it beat its full-year profit target in 2015, although its earnings were overshadowed by a deepening crisis at Russia's AvtoVAZ, which said it may not survive without further help from Renault and other investors....
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2016 GENEVA AUTO SHOW

Aston Martin's DB11 will launch brand's renewal

Feb. 12, 2016 10:45 CET

Aston Martin will unveil its new DB11 at the Geneva auto show as the company renews its aging lineup in a push to return to sustainable profitability after five years of losses. The coupe will replace the DB9, which was introduced 13 years ago....
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Penske Automotive says earnings improved 4.5% in Q4; stock rises

11:35 am U.S. ET | Feb. 11, 2016

Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2.6 percent to $71.3 million....
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Group 1 adjusted earnings fall in Q4; Brazil hurts bottom line

7:30 am U.S. ET | Feb. 11, 2016

Group 1's revenue increased in the fourth quarter, thanks to higher sales volumes in the U.S. and the United Kingdom, but its profit in the final three months of the year declined because of tighter margins on new cars, especially luxury vehicles....
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One-time costs drag down BorgWarner Q4 net income

11:59 am U.S. ET | Feb. 11, 2016

BorgWarner, which supplies fuel-saving turbochargers and emissions systems, reported higher adjusted earnings in the fourth quarter, but net income declined after several one-time charges....
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Jaguar Land Rover sales decline in China hits parent Tata Motors' profit

Feb. 11, 2016 12:05 CET

Tata Motors said net profit for its latest quarter fell by 2 percent, hit by lower Jaguar Land Rover sales in China, once the luxury unit's fastest-growing market....
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Faurecia raises dividend after sales, margins climb

Feb. 11, 2016 11:24 CET

French supplier Faurecia today reported an increase in its operating margin for the second half of 2015 to 4.8 percent and raised its dividend for the year by 86 percent....
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Tesla revenue spikes on Model S demand, but Q4 losses grow to $320M

4:55 pm U.S. ET | Feb. 10, 2016

Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier....
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Nissan profit boosted by strong U.S. demand

4:28 am U.S. ET | Feb. 10, 2016

Nissan reported a 24 percent increase in operating profit in the latest quarter on the back of booming North American sales and cost cutting....
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Daimler recalls 840,000 vehicles in U.S. for airbag concerns

Feb. 9, 2016 20:49 CET

Daimler said it would recall 840,000 U.S. vehicles with Takata airbag inflators that could be defective, a step that would result in a charge of $383.96 million....
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Tenneco adjusted earnings rise 23% in Q4, shares rise

3:14 pm U.S. ET | Feb. 9, 2016

Tenneco's fourth-quarter adjusted earnings rose 23 percent to $80 million as the the supplier of emission-control systems and ride-control components today reported higher revenue generated from light vehicle production in North America, Europe and China....
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Porsche CEO says profits will be hit by EV investment

Feb. 9, 2016 11:02 CET

Porsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said....
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Tesla shares dogged by falling gas prices, output concerns

4:49 pm U.S. ET | Feb. 8, 2016

Tesla shares fell to a two-year low amid concerns that cheap gasoline is stifling demand for electric cars as well as whether the company can efficiently produce enough of its new crossover....
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Suzuki quarterly operating profit up slightly; net profit outlook trimmed

1:57 pm U.S. ET | Feb. 8, 2016

Suzuki said operating profit rose slightly in the third quarter on healthy demand in India, but trimmed its full-year net profit outlook due to a tax-related issue....
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Toyota Q3 earnings hit by N.A. incentives

12:01 am U.S. ET | Feb. 8, 2016

North America emerged as the only major growth market for Toyota in the latest quarter. Revenues and net rose, but rising incentives and foreign-exchange losses drove global operating income 5.3 percent lower during the period....
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N.A., Takata, currency sway Japanese earnings

12:01 am U.S. ET | Feb. 8, 2016

Better business in North America helped Subaru, Mazda and Mitsubishi in the October-December quarter. But spiraling costs for the recalls of Takata airbags tempered earnings, and foreign exchange rates were a double-edged sword....
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Q&A: FORD'S JIM FARLEY

Ford of Europe boss aims for steady profits

12:01 am U.S. ET | Feb. 8, 2016

Ford of Europe increased vehicle sales 11 percent to 1.3 million vehicles in its core markets and finished 2015 with its first operating profit in three years. Jim Farley, who started his second year as Ford of Europe president on Jan. 1, wants the division to be a consistent profit contributor to its U.S. parent....
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Q&A: OPEL'S KARL-THOMAS NEUMANN

At last, Opel sees breakeven on the horizon

12:01 am U.S. ET | Feb. 8, 2016

This year Opel expects to break even financially after more than a decade of losses, finally rewarding parent General Motors' huge investment in its European division. Karl-Thomas Neumann, who next month begins his fourth year as Opel CEO, says the automaker has beaten all internal targets since he arrived....
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REBOUND IN EUROPE

Ford, Opel find footing as carmakers will count more on the region

12:01 am U.S. ET | Feb. 8, 2016

Opel is confident this is the year that it will break even after more than a decade of losses. Ford of Europe, which after three years of losses returned to profit in 2015 with the help of an accounting change, expects to once again become the money-making machine it was from 2004 until 2011....
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THE VW EMISSIONS SCANDAL

VW delays 2015 earnings report until April due to diesel scandal

Feb. 7, 2016 13:52 CET

Volkswagen said it will publish its annual results as soon as April and may hold its annual shareholders' meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal....
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Toyota quarterly net income rises 4.7% to $5.4 billion

Feb. 5, 2016 09:23 CET

Toyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S....
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Takata posts quarterly profit gain as airbag recalls mount

6:54 am U.S. ET | Feb. 5, 2016

Takata reported quarterly profit rose from a year earlier, as it seeks to convince automakers including Honda to continue to support it through expanding recalls....
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