Cars
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 loss for the year ending Dec. 31, 2009. Read more »
- Vw Ceo Almost Doubles His Pay To $23 Million In 2011 After The Group Sets Record Sales And Profits
Saying that 2011 has been a very good year for the VW Group would be an understatement of huge proportions. Almost as huge as the 8.36 million sales the German group recorded in its best-ever year. Naturally, the man running the show should get a handsome...
- 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...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- U.s. Car Sales Continue The Uphill Trend In December
While the U.S. car market is still underachieving compared to the best results of the last decade, December sales are expected to significantly contribute to the annual forecast of about 12 million sold vehicles, as 2010 is clearly ending with an uphill...
- Mercedes-benz' Parent Company Sells Tata Motors Stake
Daimler AG, the company that owns Mercedes-Benz, today sold its entire 5.34% stake in India's Tata Motors ending a relationship that stretches back more than five decades. The German firm said that the sale of 25.6 million shares will generate approximately...
Cars
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 loss for the year ending Dec. 31, 2009. Read more »
- Vw Ceo Almost Doubles His Pay To $23 Million In 2011 After The Group Sets Record Sales And Profits
Saying that 2011 has been a very good year for the VW Group would be an understatement of huge proportions. Almost as huge as the 8.36 million sales the German group recorded in its best-ever year. Naturally, the man running the show should get a handsome...
- 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...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- U.s. Car Sales Continue The Uphill Trend In December
While the U.S. car market is still underachieving compared to the best results of the last decade, December sales are expected to significantly contribute to the annual forecast of about 12 million sold vehicles, as 2010 is clearly ending with an uphill...
- Mercedes-benz' Parent Company Sells Tata Motors Stake
Daimler AG, the company that owns Mercedes-Benz, today sold its entire 5.34% stake in India's Tata Motors ending a relationship that stretches back more than five decades. The German firm said that the sale of 25.6 million shares will generate approximately...