Cars
For the first time since 2000 when “Le-Cost-killer†Carlos Ghosn took over the fates of Nissan as CEO, the Japanese firm announced a drop in profits. Specifically, for the financial year that ended in 31 March (FY2006) Nissan’s net profits fell 11,1% to 460.8 billion yen ($3.9 billion). We should note though that due to restructuring costs associated with reducing the size of the workforce inJapan and the US
- Bmw Group Posts €55 Million Loss In First Quarter, Worldwide Sales Plunge 21.2%
Hit by the global financial and economic crisis, the BMW Group that consists of the BMW, MINI and Rolls Royce brands reported a loss before interest and taxes of €55 million in the first quarter of the year. That's compared to an operating profit...
- Japanese And South Korean Car Sales Plummet In November
Sales of new cars in Japan and South Korea dropped by nearly 30 percent last month, confirming that the downturn in the auto industry is global. According to data provided by the Japan Automobile Dealers Association, November car and truck sales in Japan...
- Bmw Group's 3rd Quarter Net Profits Fall 63%
Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to...
- Bentley Reports Record Sales And Profits For 2007
Under the guidance of the Volkswagen Group, Bentley reported record sales and profits for the 2007 calendar year that ended on 31 December 2007. The British luxury carmaker increased its net revenue by €36m or 2.7% compared with 2006, to set a new...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...
Cars
Oh my Ghosn… Nissan announces first decline in profits since 2000
For the first time since 2000 when “Le-Cost-killer†Carlos Ghosn took over the fates of Nissan as CEO, the Japanese firm announced a drop in profits. Specifically, for the financial year that ended in 31 March (FY2006) Nissan’s net profits fell 11,1% to 460.8 billion yen ($3.9 billion). We should note though that due to restructuring costs associated with reducing the size of the workforce in
In terms of sales, in the 2006 Financial Year, Nissan’s global sales were 3,483,000 units, down 2.4%. More specifically, in the
Via: Just Auto (sub. Req)
- Bmw Group Posts €55 Million Loss In First Quarter, Worldwide Sales Plunge 21.2%
Hit by the global financial and economic crisis, the BMW Group that consists of the BMW, MINI and Rolls Royce brands reported a loss before interest and taxes of €55 million in the first quarter of the year. That's compared to an operating profit...
- Japanese And South Korean Car Sales Plummet In November
Sales of new cars in Japan and South Korea dropped by nearly 30 percent last month, confirming that the downturn in the auto industry is global. According to data provided by the Japan Automobile Dealers Association, November car and truck sales in Japan...
- Bmw Group's 3rd Quarter Net Profits Fall 63%
Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to...
- Bentley Reports Record Sales And Profits For 2007
Under the guidance of the Volkswagen Group, Bentley reported record sales and profits for the 2007 calendar year that ended on 31 December 2007. The British luxury carmaker increased its net revenue by €36m or 2.7% compared with 2006, to set a new...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...