Cars
Chrysler Group Reports Smaller Losses in Q3 2010
A loss is a loss, but at least there's an improvement in the Chrysler Group's financial results for the third quarter of the year that ended on September 30, 2010. The American automaker, which is operated by Fiat SpA, reported an $84 million net loss in Q3, the smallest in the year and less than half the $172 million loss in the second quarter of 2010.
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Lotus Posts Us$110 Million Loss, Ceo Confident It Will Break Even In 2016
According to documents filed at Companies House, the Lotus Group posted a £71.1 million (US$110 million) loss in the 2014 financial year that ended on March 31. This is both bad and, surprisingly, good news. Read more »...
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Tesla Losses Soar To $154.3 Million In 2010, Despite Gains In Revenue
Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million...
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Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
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Ford Posts 'only' $1.4 Billion Net Loss In Q1 2009, Significantly Lower Than Q4 2008
Losing money is never a good thing, but in Ford Motor Company's case, the $1.4 billion first quarter net loss was positive news as it was lower than analysts had anticipated and more importantly, significantly improved over the fourth quarter of 2008...
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Maserati Reports First Profits In 17-years!
Maserati put an end to its 17-year streak of financial losses as the Italian sports car maker reported a €1 million trading profit in the second quarter of the year, up from €7 million loss during the same period last year. Notably, it’s...
Cars