Cars
Even though Ferrari was not completely unaffected by the financial crisis, the Prancing Horse ended the first quarter of 2009 with a trading profit of €54 million (versus €59 million for Q1 2008) which is the highest profit recorded in any of the various Fiat Group sectors. For Q1 2009, the Italian supercar maker reported €441 million in revenues, down 3.3% over the corresponding period for 2008 due to lower sales volume.
- 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...
- Lamborghini's Profits Surge 27.4% In 2008, Cautious On 2009 Outlook
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same. More specifically, turnover increased...
- Audi Reports Record 2008 Profits And Sales, Pays €5,300 Bonus To Each Employee
In spite of the widespread financial crisis, the Audi Group reported that it ended the 2008 fiscal year with record-breaking figures for production, vehicle deliveries, revenue and profit. Deliveries of Audi brand vehicles were up 4.1 percent to the record...
- 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...
- 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
Ferrari Posts €54 Million Trading Profit in the First Quarter of 2009
Even though Ferrari was not completely unaffected by the financial crisis, the Prancing Horse ended the first quarter of 2009 with a trading profit of €54 million (versus €59 million for Q1 2008) which is the highest profit recorded in any of the various Fiat Group sectors. For Q1 2009, the Italian supercar maker reported €441 million in revenues, down 3.3% over the corresponding period for 2008 due to lower sales volume.In particular, during the first three months of the year, Ferrari delivered 1,571 cars to the network, a 5% decrease over Q1 2008, while sales to end-customers totaled 1,480 units, down 10% from a year ago.
- 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...
- Lamborghini's Profits Surge 27.4% In 2008, Cautious On 2009 Outlook
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same. More specifically, turnover increased...
- Audi Reports Record 2008 Profits And Sales, Pays €5,300 Bonus To Each Employee
In spite of the widespread financial crisis, the Audi Group reported that it ended the 2008 fiscal year with record-breaking figures for production, vehicle deliveries, revenue and profit. Deliveries of Audi brand vehicles were up 4.1 percent to the record...
- 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...
- 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...