Cars
It's no secret that niche companies with expensive products can often remain unaffected by a financial turmoil. Ferrari is one such example, as the Italian maker of some of the most expensive models money can buy reported record sales and profits for the first nine months of 2012.
- Subaru Ponders Whether To Go Mainstream Or Remain A Niche Player As Profits Surge
What does a comparatively small player in the auto industry like Subaru do when it sees its stocks rise fivefold since the beginning of 2012, its profits almost triple to a record ¥48.5 billion (US$504 million / €377 million) last quarter, while...
- Vw May Start Selling Mqb Platform To Other Carmakers After 2015
When you spend four years more than €60 billion (US$80 billion) in developing a groundbreaking new platform, then you better make sure that your investment will pay off for itself big time. This is what the VW Group has done for its brand-new MQB...
- 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...
- Fiat Announces 21% Drop In Pre-tax Profits For 2008, Foresees 20% Less Sales In 2009
Two days after announcing its plans to acquire a 35 percent stake in Chrysler LLC, Fiat S.p.A. released the group's 2008 calendar year results and at the same time, revealed its gloomy outlook for 2009. The Fiat Group's total revenues for 2008...
- Bp And Shell Announce Record (fat) Profits During First Quarter
While we’re hearing all kind of excuses to as why we’re paying more and more for gas, BP and Shell, Europe’s two largest oil companies announced (surprise - surprise…) record profits for the first quarter of the year. In particular,...
Cars
Ferrari Posts Records Sales and Profits, Brings Apple's Eddy Cue on Board
It's no secret that niche companies with expensive products can often remain unaffected by a financial turmoil. Ferrari is one such example, as the Italian maker of some of the most expensive models money can buy reported record sales and profits for the first nine months of 2012.
More specifically, from January through September, Ferrari posted a 10 percent rise in revenues to €1,764 billion (US$2.25 billion) and a 7.6 percent increase in net profits to €152.4 million (US$194 million).
Read more »- Subaru Ponders Whether To Go Mainstream Or Remain A Niche Player As Profits Surge
What does a comparatively small player in the auto industry like Subaru do when it sees its stocks rise fivefold since the beginning of 2012, its profits almost triple to a record ¥48.5 billion (US$504 million / €377 million) last quarter, while...
- Vw May Start Selling Mqb Platform To Other Carmakers After 2015
When you spend four years more than €60 billion (US$80 billion) in developing a groundbreaking new platform, then you better make sure that your investment will pay off for itself big time. This is what the VW Group has done for its brand-new MQB...
- 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...
- Fiat Announces 21% Drop In Pre-tax Profits For 2008, Foresees 20% Less Sales In 2009
Two days after announcing its plans to acquire a 35 percent stake in Chrysler LLC, Fiat S.p.A. released the group's 2008 calendar year results and at the same time, revealed its gloomy outlook for 2009. The Fiat Group's total revenues for 2008...
- Bp And Shell Announce Record (fat) Profits During First Quarter
While we’re hearing all kind of excuses to as why we’re paying more and more for gas, BP and Shell, Europe’s two largest oil companies announced (surprise - surprise…) record profits for the first quarter of the year. In particular,...