Cars
Last week, Mazda forecast a net loss of 100 billion yen (US$1.29 billion) for the fiscal year that ends March 31 and a 2 percent drop in its global sales, to 1.25 million units.
- Mazda Makes Money For First Time In 5 Years, But N.a. Operations Still In The Red
This week, Mazda announced that it turned an annual net profit for the first time in five years. The Japanese carmaker reported pocketing a total of $364.3 (€279.6) million at the end of the 2012 fiscal year, on March 31, whereas on the same day...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Toyota May See Production Diminished By 500,000 Cars Because Of The Earthquake
The shortage of parts and electricity problems in Japan in the aftermath of the Tohoku earthquake may delay the production of at least 500,000 Toyota vehicles, according to market research company Advanced Research Japan. The world's largest carmaker...
- Porsche Makes €6.83 Billion On Vw Shares, €1 Billion From Selling Cars...
At a time when most automakers are struggling with a sharp downturn, making a €8.586 billion profit (before taxes) in the fiscal year 2007/2008 that ended on July 31 definitely comes to a surprise - especially when we're talking about a company...
Cars
Mazda Records US$1.3 Billion Loss, “Actively†Seeks Partner
Last week, Mazda forecast a net loss of 100 billion yen (US$1.29 billion) for the fiscal year that ends March 31 and a 2 percent drop in its global sales, to 1.25 million units.
This is the fourth year in a row than Mazda records negative results and it's also the company's second biggest loss in the last 11 years after the US$2.0 billion damage it posted in the previous fiscal year that ended in March 2011.
Read more »- Mazda Makes Money For First Time In 5 Years, But N.a. Operations Still In The Red
This week, Mazda announced that it turned an annual net profit for the first time in five years. The Japanese carmaker reported pocketing a total of $364.3 (€279.6) million at the end of the 2012 fiscal year, on March 31, whereas on the same day...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Toyota May See Production Diminished By 500,000 Cars Because Of The Earthquake
The shortage of parts and electricity problems in Japan in the aftermath of the Tohoku earthquake may delay the production of at least 500,000 Toyota vehicles, according to market research company Advanced Research Japan. The world's largest carmaker...
- Porsche Makes €6.83 Billion On Vw Shares, €1 Billion From Selling Cars...
At a time when most automakers are struggling with a sharp downturn, making a €8.586 billion profit (before taxes) in the fiscal year 2007/2008 that ended on July 31 definitely comes to a surprise - especially when we're talking about a company...