Earnings

Schaeffler Q1 profit buoyed by vehicle demand, weak euro

May 21, 2015 11:41 CET

German supplier Schaeffler reported a 3.8 percent rise in quarterly operating profit because of robust demand from carmakers in the U.S. and China as well as the effects of a weaker euro....
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N. America revs up Nissan's profit engine

12:01 am U.S. ET | May 18, 2015

North America has returned as Nissan's top profit engine thanks to reined-in incentives, smoother production starts and a rush of new product. CEO Carlos Ghosn calls the region the carmaker's biggest "bright point" and promises there is room to improve market share and profitability....
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Brembo raises sales growth outlook for 2015

May 15, 2015 15:47 CET

Italian supplier Brembo is expecting sales growth of as much as 12 percent this year, more than previously anticipated, after a promising first quarter....
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Penske seeks $1 billion for truck parts unit, report says

3:38 pm U.S. ET | May 15, 2015

Roger Penske's holding company is exploring a sale of Truck-Lite in a deal that could value the maker of lighting, wiring harnesses and mirrors for trucks at close to $1 billion, people familiar with the matter told Reuters....
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Ford profit decline poised for a reversal in 2015, Fields says

11:15 am U.S. ET | May 14, 2015

Ford CEO Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company's lagging stock by promising the company is poised for a profit liftoff in the year's second half....
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BMW's new CEO starts in shadow of predecessor's shift to chairman

May 13, 2015 10:50 CET

The first test facing Harald Krueger, BMW Group's new CEO, will be to emerge from the shadows of his predecessor, Norbert Reithofer, who will be watching over his shoulder as the new chairman....
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Nissan operating profit falls 13% as strong N.A. sales offset by Japan, China weakness

5:17 am U.S. ET | May 13, 2015

Operating profit at Nissan declined 13 percent in the latest quarter, as falling sales in key markets such as Japan and China offset gains from a favorable exchange rate and robust sales in its top market, North America....
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Mobileye wins 2 contracts for its EyeQ4 chip

11:38 am U.S. ET | May 11, 2015

Mobileye, the Israeli designer of camera-based Advanced Driver Assistance Systems, or ADAS, for active safety and automated driving, has won two contracts to outfit vehicles with its EyeQ4 chips as standard equipment by the end of the decade....
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Subaru will add capacity 4 years ahead of schedule

12:01 am U.S. ET | May 11, 2015

Red-hot Subaru, gunning for a seventh year of record U.S. sales, is boosting production capacity in North America four years ahead of schedule....
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Suzuki 2014 profit fell on weak Asia demand

May 11, 2015 11:15 CET

Suzuki said its annual operating profit fell 4.4 percent, the first time it has fallen in six years, as weak demand in Japan and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market....
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Toyota quarterly profit jumps 46% on U.S. sales, weak yen

2:39 am U.S. ET | May 8, 2015

Booming North American sales and big foreign exchange gains powered surging profits at Toyota in the latest quarter while propelling record full-year earnings. Operating profit jumped 46 percent to $5.31 billion in the carmaker's fiscal fourth quarter....
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Subaru maker reports 21% profit increase; plans more U.S. capacity

3:31 am U.S. ET | May 8, 2015

The maker of Subaru vehicles, Fuji Heavy Industries, reported a 21 percent surge in quarterly operating profit as advantageous exchange rates and surging U.S. sales delivered record earnings. The all-wheel-drive specialist said it would speed up plans to increase production capacity in Indiana....
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Cooper-Standard income up in Q1

2:27 pm U.S. ET | May 8, 2015

Cooper-Standard Holdings reported diminished sales due to foreign currency fluctuations, but improved income from a recent stake acquisition in its first quarter....
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Analysts question Tesla's cash position

6:46 am U.S. ET | May 8, 2015

Analysts are voicing concerns about Tesla Motors' cash, saying the maker of electric cars and energy-storage products may need to raise money....
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FCA US says it earned $312 million in Q1

12:01 am U.S. ET | May 8, 2015

Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges....
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Takata says it will return to profit in 2015-16

7:13 am U.S. ET | May 8, 2015

Japan's Takata said today it expects to return to profit this financial year on higher Asian and US sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding airbags....
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CHRISTIAAN HETZNER

BLOG: BMW's days of easy money in China are over

6:30 am U.S. ET | May 8, 2015

BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup....
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TrueCar records 33% revenue growth in Q1

8:47 pm U.S. ET | May 7, 2015

TrueCar reported continued revenue growth and another loss in the first quarter, and said it launched its TrueCash incentive program, which allows automakers to target discounts to specific consumers based on where they live, what they drive and what they're shopping for....
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FCA US says it earned $312 million in Q1

2:50 pm U.S. ET | May 7, 2015

Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges....
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Linamar generates record Q1 earnings

1:55 pm U.S. ET | May 7, 2015

Canadian auto-parts maker Linamar said its first-quarter earnings and sales surged to records....
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Visteon posts Q1 sales bump after acquisition

10:54 am U.S. ET | May 7, 2015

Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business....
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Magna Q1 earnings rise 18%

11:45 am U.S. ET | May 7, 2015

Diversified Canadian supplier Magna International today reported sharply higher first-quarter earnings while revenues fell because of weaker currency values vs. the US dollar....
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Continental raises forecast after Q1 earnings rise 10%

May 7, 2015 10:41 CET

Continental raised its 2015 sales forecast after posting higher first-quarter earnings that were helped by positive foreign exchange effects and a low oil price. Quarterly earnings rose 10 percent to 1.05 billion euros ($1.19 billion), the supplier said....
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Tesla losses triple ahead of Model X intro

5:45 pm U.S. ET | May 6, 2015

Tesla's first-quarter net losses more than tripled to $154 million as the automaker awaited the launch of the Model X crossover. Tesla expects to make 12,500 vehicles in the second quarter and deliver 10,000 to 11,000 to customers....
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Tesla earnings report to be watched for progress toward 55,000 sales goal, SUV

8:15 am U.S. ET | May 6, 2015

Cars, not batteries, will take center stage as Tesla reports earnings later today. Tesla investors will scour the results for clues on whether the company's on track to meet this year's ambitious goal to sell 55,000 vehicles and for progress on its Model X SUV....
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Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video
     
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