CHICAGO (CBS/AP) — After a more than 30 year run, the Ford Motor Co. plant on the city’s Southeast Side will stop making the Ford Taurus in 2019, and instead focus on pricier SUVs, the company announced. The Details: The Taurus, first produced in 1986, was once the top-selling car in the U.S. Production will… Continue reading Ford Torrence Plant To Stop Making Cars, Focus On SUVs
Tag: Financial Results
Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal Fourth Quarter And The Fiscal Year Ended March 31, 2018
TOKYO, April 27, 2018 /PRNewswire/ — Honda Motor Co., Ltd. (NYSE: HMC) today announced its consolidated financial results for the fiscal fourth quarter ended March 31, 2018. Fourth Quarter Results Honda’s consolidated profit for the period attributable to owners of the parent for the fiscal fourth quarter ended March 31, 2018 totaled JPY 107.7 billion,… Continue reading Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal Fourth Quarter And The Fiscal Year Ended March 31, 2018
UPDATE 1-Autoliv Q1 profit lags forecast ahead of split
(Adds detail, background, share price) STOCKHOLM, April 27 (Reuters) – Autoliv , the world’s largest maker of airbags and seatbelts, reported quarterly earnings just below market expectations on Friday and said it would not deliver financial guidance for the group ahead of its impending split. The Swedish automotive supplier said its first-quarter operating profit rose… Continue reading UPDATE 1-Autoliv Q1 profit lags forecast ahead of split
Autoliv – Financial Report January – March 2018
STOCKHOLM, April 27, 2018 /PRNewswire/ — For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter 2017, and record gross profit of $579 million. Quarterly organic sales* grew… Continue reading Autoliv – Financial Report January – March 2018
Financial Report January – March 2018
Fri, Apr 27, 2018 12:00 CET Record sales and gross profit, again (Stockholm, Sweden, April 27, 2018) – For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter… Continue reading Financial Report January – March 2018
Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
STOCKHOLM (Reuters) – Geely-owned automaker Volvo Car Group reported a rise in quarterly operating earnings on Friday, on growth in the Chinese and U.S. markets and forecast higher sales, but also steeper spending, in the year ahead. The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a… Continue reading Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
Fitch affirms Tata Motors at BB+; outlook stable
TML‘s sales volume grew by 9% yoy in medium and heavy commercial vehicles and 23% in light commercial vehicles in FY18. New Delhi: Tata Motors (TML’s) rating, which includes a one-notch uplift from its standalone rating of ‘BB’ on its linkage with Tata Sons (TSOL), reflects its position in the Indian commercial-vehicle market and the… Continue reading Fitch affirms Tata Motors at BB+; outlook stable
Porsche increases revenue and operating result in the first quarter
Continued growth: Porsche AG has seen a further increase in its deliveries, revenue and operating result in the first three months of the 2018 financial year.
Audi starts challenging year with successful first quarter
In the first quarter of 2018, the Audi Group surpassed its revenue and operating profit of the prior-year period. The operating return on sales of 8.5 percent was once again within the strategic target corridor. This year, the brand with the Four Rings will launch more new models than ever before in the company’s history,… Continue reading Audi starts challenging year with successful first quarter
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year